El Salvador’s Court of Accounts revealed that it had received a complaint from the regional human rights and transparency organization, Cristosal, regarding Bitcoin trust’s expenditure process in El Salvador.
The Court of Accounts will now investigate the matter and may impose administrative and asset sanctions against officials as a result. Additionally, the Court of Accounts also holds the power to present notices to the Attorney General’s Office to further initiate criminal proceedings if any irregularities are found.
„După admiterea plângerii, se va proceda la efectuarea raportului de analiză juridică și, în timp util, transmiterea acestui raport către Coordonarea Generală a Auditului”, a precizat Curtea de Conturi într-un document oficial potrivit Reuters.
Earlier this month, El Salvador became the first country to implement the Bitcoin legal tender. The government also launched a digital wallet, Chivo, which is directly connected to Bitcoin ATMs installed all over the nation, to facilitate physical money withdrawal from users’ digital bitcoin holdings.
Cristosal organization has appealed for an investigation into the construction of the booths used for the ATMs linked to the digital wallet of Chivo, a company established with public resources. The complaint has been filed against six members of the Board of Directors of El Salvador’s Bitcoin Trust. These members include the Finance and Economy ministries, along with the secretariat of Commerce and Investments.
Salvadorans Unite against the Bitcoin Legal Tender
Salvadorans are unhappy with the government’s decision of Bitcoin Legal Tender and their expression has become violent since the implementation. Wednesday saw protestors taking to El Salvador’s streets with signs reading, “no to dictatorship” and “we were defrauded by Bitcoin.” Furthermore, during the heat of Anti-Bitcoin protests, Bitcoin ATMs were set on fire by the demonstrators.
La actividad în el centro histórico de San Salvador transcurre sin sobresaltos în timp ce un cajero Chivo este consumat por el foc tras las manifestaciones contra la bitcoinización de El Salvador. Video LPG/Michael Huezo. pic.twitter.com/fMPdWt7MNk
- La Prensa Gráfica (@prensagrafica) 15 Septembrie, 2021
UCA Poll reveals discontent on Bitcoin adoption
The Central American University (UCA), a Jesuit university based in El Salvador, revealed through a recent survey that most Salvadorans are against Bitcoin (BTC) mijloc legal de plată adoption in the nation. The colossal proportion constituting 67.9 percent out of the 1,281 surveyed, exhibited vigorous dissent with the use of bitcoin as a legal tender. Meanwhile, 32.1% of citizens were merely okay with the decision.
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