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Salvadoran President Bukele Accuses El País of 'Fake News' Over Bitcoin Holdings Report
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News EditorSalvadoran President Nayib Bukele has publicly accused Spanish newspaper El País of publishing "fake news" in a report concerning the country's bitcoin holdings. According to Bitcoin News on X, Bukele reacted to an earlier report by El País which claimed that El Salvador had transferred majority ownership and control of over 7,763 bitcoins to private operators. Bukele categorized the report as "completely false" and provided a clarification. He stated that the International Monetary Fund (IMF) statement cited by El País actually referred to a share transfer of the Chivo wallet, not to El Salvador's strategic bitcoin reserve. Furthermore, Bukele accused the media outlet of "blatantly" lying to its readers. The president's remarks were shared via Bitcoin News on the X platform.
Salvadoran President Nayib Bukele has hit back at Spanish newspaper El País over a report that the country had transferred control of its bitcoin holdings to private operators. Bukele called the story "completely false" and said it was based on a misinterpretation of an International Monetary Fund (IMF) statement. The statement, he explained, was about a share transfer of the Chivo wallet, not the nation's strategic bitcoin reserve. The president also accused the newspaper of "blatantly" lying to its readers. The response was highlighted by Bitcoin News on X.
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