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US Doubles Reward to $50 Million for Maduro’s Arrest

Pam Bondi says the reward aims to dismantle his alleged cocaine network following years of mounting sanctions

Overview

  • Attorney General Pam Bondi announced on August 7 that the United States will pay $50 million for information leading to President Nicolás Maduro’s arrest, up from $25 million in January.
  • The Department of Justice alleges Maduro heads the Cartel de los Soles and works with Tren de Aragua and the Sinaloa cartel to flood the US with cocaine and fentanyl.
  • The Drug Enforcement Administration has seized more than 30 tons of cocaine tied to Maduro and associates, and officials have frozen over $700 million in regime assets, including two private jets.
  • Washington has refused to recognize Maduro’s disputed 2018 and 2024 election victories and has relied on bounties, sanctions, and asset seizures since 2019 to challenge his grip on power.
  • Venezuelan Foreign Minister Yvan Gil condemned the bounty as a “crude political propaganda operation” and dismissed it as a distraction from US domestic issues.