According to CoinMeta, and as reported by Bloomberg, Coinbase co-founder Fred Ehrsam is seeking control of at least three Venezuelan oil fields as Washington seeks to reshape the country's energy industry. As a crypto billionaire, he has made multiple trips to Caracas to explore investments in areas including oil, natural gas, fintech, and digital payments. Trump hopes to attract foreign capital to restore Venezuela's production and replenish the United States' strategic reserves, but access to oil reforms is increasingly influenced by Washington's political relations.