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Published On: Fri, Feb 6th, 2026

Mike Benz: The Best Way To Understand Bitcoin Is As A Tool For Intel-Related Money Laundering

“Foundation For Freedom Online” founder Mike Benz tells Benny Johnson that the best way to understand both Jeffrey Epstein’s criminal network and bitcoin is as methods for money laundering used by and for intelligence agencies. “If Venezuelan counterintelligence sees money hit your bank account from a U.S. source or a U.S. bank, they treat it as a CIA intervention and arrest anyone who receives it,” Benz explained. “So what the mystery U.S. government agency came up with was the idea to use stablecoins – the undergirding architecture of Bitcoin – to launder money into Venezuela without the Venezuelan government being able to stop it, by airdropping crypto to people’s phones. That money never touched the Venezuelan state banking system.” “While plucky libertarians think this is about peer-to-peer transactions and cutting out banks, that’s not how Bitcoin is used – not 99% of it. It’s not retail, and it never will be,” Benz said. “With BCCI, one of the reasons it collapsed – the CIA’s bank – was that when regulators started asking questions, people at branches in Luxembourg, London, Switzerland, Pakistan said: The CIA was in here. They told me to do it.” “Nobody can squeal when you’re setting up a crypto account instead of a bank branch relationship. You keep the circle of trust very small, with far less risk exposure during an investigation.” Benny Johnson asked Benz about a viral clip of Dan Pena saying bitcoin “will go to zero” when the public learns where it really came from:

BENNY JOHNSON: Do you believe Jeffrey Epstein invented Bitcoin? MIKE BENZ: Hello?! I am on record saying that both Bitcoin and Jeffrey Epstein, the main way to understand them is the money laundering role. I said it was the U.S. Treasury who had the interest in Bitcoin for dollar dominance and these things. And who’s Larry Summers, the head of the U.S. Treasury? BENNY JOHNSON: I mean, it’s right here. You can read it. Mike is right again, proven right this week, I guess, in black and white from Jeffrey Epstein. So what do you think? Is that why there’s a lot of instability in this asset? MIKE BENZ: Yeah. Because it’s not like a steady flow of – these things don’t work on a schedule where, like, every week we do a new op, and we give a set annuity to our rebel groups on the ground in Venezuela. I mean, think about this. See if you can pull this up on screen: Circle’s partnership with the U.S. government for stablecoins – for stablecoin work to support Venezuela. Check this out. It’s from a couple of years ago. Now, George Soros is a major investor in another banker, a financial-class guy tightly tied to intelligence services and statecraft, and bankers who run a fund just like Jeffrey Epstein. If not, you can find it on my X profile – just do a local search. Now, what happened was there was another stablecoin company that, until Circle, was really the only player in the space. But that company is something of a Wild West. Circle was created to be a government-regulated stablecoin – formerly government-regulated – not just a pure private company. It’s a private company, but it has all these regulatory handcuffs on it. Circle struck a deal with the Biden administration. And when the person at Circle made this announcement and spoke to the press, they refused to say which agency in the U.S. government they held the partnership with. That alone tells you something. If I can’t tell you what the agency is, it’s either the CIA or an agency that knows this is for CIA purposes. Now, what this was – and see if you can find the Venezuela one so you don’t have to take my word for it, Circle Venezuela. What happened was we’ve been trying to regime-change Venezuela for a very long time. If you remember, the first Trump administration tried to capture Maduro – and failed. But we have this faction of U.S.-aligned political-military groups on the ground. The problem is it’s really hard to fund them, to capacity-build them to go against the Venezuelan government, because you can’t get money into Venezuela through the Venezuelan state banking system. If Venezuelan counterintelligence sees money hit your bank account from a U.S. source or a U.S. bank, they treat it as a CIA intervention and arrest anyone who receives it. So what the mystery U.S. government agency came up with was the idea to use stablecoins – the undergirding architecture of Bitcoin – to launder money into Venezuela without the Venezuelan government being able to stop it, by airdropping crypto to people’s phones. That money never touched the Venezuelan state banking system. While plucky libertarians talk about how the purpose of cryptocurrency is to cut out the middleman, go ahead and scroll – it’s a hilarious article – you’ll see Circle partners with Juan Guaido. Pause right there. It says, Through a collaboration with the Bolivarian Republic of Venezuela, led by President-elect Juan Guaido. Juan Guaido was the CIA-backed figure that Silvercorp had the contract with – a $ 1.5 million retainer to capture Maduro and a $ 220 million success fee if they successfully installed Juan Guaido. So this is not money to Venezuelans. This is money that only goes to the Juan Guaido faction at the time of this partnership. They can micro-target the money rather than run an aid program. They can run it directly to rebel groups on their phones – the ones backed by the CIA – without cutting through the Venezuelan state banking system. While plucky libertarians think this is about peer-to-peer transactions and cutting out banks, that’s not how Bitcoin is used – not 99% of it. It’s not retail, and it never will be. If I want to buy a banana from you and cut out the bank, intelligence agencies – CIA, Israeli intelligence, British intelligence, Saudi intelligence – they have a need to cut out the bank to run money to rebel groups, drug dealers, criminals, bribes. This is elite money laundering at scale, with precision and far less downside risk. With BCCI, one of the reasons it collapsed – the CIA’s bank – was that when regulators started asking questions, people at branches in Luxembourg, London, Switzerland, Pakistan said, The CIA was in here. They told me to do it. Nobody can squeal when you’re setting up a crypto account instead of a bank branch relationship. You keep the circle of trust very small, with far less risk exposure during an investigation.

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