TL; Fault DR
- The El Salvadorian government was investigated after buying bitcoins and bitcoin ATMs.
- The El Salvador government has been under attack since the Bitcoin law was passed.
The El Salvador government is set to be scrutinized after recent purchases of Bitcoin and Bitcoin ATMs.
According to Reuters, the El Salvadorian Court of Accounts is considering a lawsuit against the government for buying bitcoins, along with how to build ATMs encrypted by the government of El Salvador.
The Court of Audit is obliged to examine the general expenses of the country. The court said on September 10 that it had sued a human rights and transparency group in El Salvador called Christosal.
The agency noted that it first conducts a statutory analysis report and submits such a report in a timely manner to the public audit coordinator.
According to Reuters, the Transparency Group called for an audit of the government’s bitcoin purchases and a review of the government’s performance in financing and building encrypted ATMs in the country.
The collapse of the Bukel government in El Salvador and the defeat of Bitcoin
It is worth noting that this El Salvador government investigation is not the first case that the government is facing due to the Bitcoin approval law.
The Bitcoin project has angered human rights activists inside and outside El Salvador.
Vice President Buckel announced in a Twitter post on Tuesday that 200 Chivo Bitcoin ATMs have been launched in the country and 50 in the United States.
The president announced the country during an update on his government’s progress on the Bitcoin law. The president’s update apparently angered the Transparency International, which is clearly in breach of the country’s bitcoin law.
A few days ago, bitcoin was officially recognized as a legal purchase in this Central American country. The law has been controversial since the legislature legalized bitcoin in the country.
Following the passage of the Bitcoin Act, the government has also been accused of intimidating, silencing and harassing its most vocal critics.