Cryptocurrencies: Salvadorans complain of fraudulent transactions in their Chivo wallets

Photo: Alex Peña / Getty Images

Salvadorans have been making a particular complaint on social networks for weeks, it is about the Chivo digital wallet and an apparent lack of funds in the personal wallets of many users.

Chivo users have reported that they lack funds up to thousands of dollars. Only during the month of December there is talk of loss of up to $ 96,000 Dollars.

Among the complaints have been counted at least 50 persons. A user of the social network Twitter, who calls himself “the commissioner” grouped several of those complaints that speak of “disappearance” of funds between $ 1 and $ 16,000 Dollars.

There are users who report up to more than 10 transactions in your wallets and losses of more than $ 3, 000 dollars.

Users have complained about the lack of technical support from Chivo, as they report Unanswered calls with solutions.

According to the President of El Salvador, Najib Bukele, since bitcoin was declared legal tender in the country, more than 3 million Salvadorans use Chivo’s purses. This means that almost half of the country manages the virtual money purse promoted by the central government .

Meanwhile, from the Bukele government, as well as from Chivo’s official social networks, no information has come out that refers to complaints from users who speak of their “money stolen and disappeared.”

On the contrary, the Salvadoran president continues to invite the purchase of bitcoin. The use of this cryptocurrency in the Central American country, has had its followers and its detractors, since last September 7, the date on which bitcoin was made a currency of legal course in the country.

With these reports of “lost money” in the Chivo wallet, the skepticism that there was from the beginning with the Cryptocurrencies in El Salvador are booming again.

Those affected, some, have More than two months reporting these irregularities and as indicated on social networks so far the response is unsatisfactory.

Some experts have called the Chivo wallet “a sham”, David Gerard, an expert in finance with digital assets, insists that creating a system Payment that “builds trust” takes a long time and this is not what happened with goat and BTC in El Salvador.

Gerard denounced that the goat project is led by Venezuelan investors who are like a kind of “cabinet of the shade ”, with this, the expert denounces in some way the use of“ dirty bictoin ”for the operations.