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US Doubles Bounty on Nicolás Maduro to $50 Million

Justice officials have frozen more than $700 million in assets linked to him to underpin allegations that he leads extensive drug-trafficking networks.

Overview

  • The $50 million reward is the highest bounty ever offered by the United States for a foreign leader, according to Deputy Secretary Christopher Landau.
  • Justice Minister Pam Bondi announced the increase in a video statement, branding Maduro’s actions as “drug terrorism.”
  • The Justice Department has seized over $700 million in assets tied to Maduro—including two private jets—and traced large cocaine shipments back to his network.
  • US authorities accuse Maduro of collaborating with criminal groups such as Tren de Aragua, the Sinaloa Cartel and Cártel de los Soles in transnational drug smuggling.
  • Venezuelan Foreign Minister Yván Gil condemned the move as a “miserable” propaganda stunt as Caracas rejects US non-recognition and opposition leader Edmundo González remains backed by Washington and the EU.