Crypto Payments: Orlen Loses Hundreds of Millions on Oil Purchase

By with∅ut-me 18.09.2026 at 06:46 Uhr Companies & Markets Finance & Stock Market IT & Internet
TL;DR AI-generated Polish energy company Orlen suffered a loss of at least $424 million due to a failed oil trade involving cryptocurrencies. A significant portion of a $230 million advance payment disappeared into a network of intermediaries and crypto transactions instead of being used for Venezuelan oil.

Source: golem.de

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