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Cryptocurrency Ecosystem => Crypto Wallets => Topic started by: Tubelight on October 13, 2021, 11:33:22 AM

Title: Identity Theft’ Criminals Plundering El Salvador Bitcoin Wallet Funds
Post by: Tubelight on October 13, 2021, 11:33:22 AM
The media in El Salvador has reported that some citizens are resorting to “identity theft” in a bid to obtain USD 30 worth of bitcoin (BTC) through the government’s Chivo wallet and app.

The government has attempted to incentivize downloads by offering citizens the funds as a golden hello, after launching Chivo last month. But some unscrupulous individuals have allegedly been stealing others’ identities to register the app in other people’s names, using stolen ID documents to complete the process – allowing them to accrue larger quantities of BTC.

The newspaper El Diario de Hoy’s website reported that “massive” amounts of those who have downloaded the app for the first time in recent days were stunned to discover that their identity documents have already been used to register Chivo accounts.

The media outlet, which is vehemently opposed to the rule of the El Salvador President Nayib Bukele and his Nuevas Ideas Party, claimed that the government’s response to the concerns was “silence.”

The newspaper conceded that “thus far” the exact number of people whose identity has been stolen “through Chivo is not known.” Nor is it known, the media outlet wrote pointedly, “how much the thefts” have cost the government, which has “paid for them using [fiat] USD public funds.”

Another staunch critic of the government and its BTC adoption policies, the El Salvador-based economist Tatiana Marroquín took to Twitter to state that “due to the large number of [identity theft] complaints” leveled at Chivo, she decided to look into whether her own personal data had been registered “without my authorization.”

“I have not downloaded the application on my cell phone, nor have I registered my [ID documents] in any way; but [my account] already source (https://cryptonews.net/2186323/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)