Polish state-owned energy company Orlen prepaid $230 million to Dubai-based trader Hannon International to buy about 6 million barrels of Venezuelan crude oil, but received only around 500,000 barrels of fuel oil. Part of the payment was converted into USDT and delivered to the Venezuelan side through intermediaries. Hannon said at least $132 million in USDT was handed to two intermediaries who later went missing. After tanker leasing, legal fees and other expenses, the Polish government estimates Orlen’s total loss at at least $424 million. Orlen is seeking to recover the prepayment through arbitration.