CoinsValue.net logo CoinsValue.net logo
tri-able
cryptonews 2023-11-01 16:30:51

Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin

Image by RawBeautyPixels, Adobe Stock. An investigation has exposed how El Salvador’s government misallocated a large portion of a COVID-19 relief loan to fund its controversial Bitcoin project. The COVID-19 pandemic plunged El Salvador into economic turmoil in 2020, causing GDP to plummet nearly 8% and leaving many struggling to survive the strict lockdown measures. The post Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin appeared first on Cryptonews .

Read the Disclaimer : Coinsvalue.net