Incident Overview
Chivo Wallet is a national digital wallet issued by the government of El Salvador on September 7 for the implementation of the Bitcoin Act. To this end, El Salvador promised that users who download and authenticate the Chivo Wallet will receive a $30 bitcoin reward. This move allowed the official wallet of El Salvador to exceed 2 million users in one month. Between October 9th and October 14th, Cristosal, a human rights organization in El Salvador, received 755 notices about Salvadorans reporting that their Chivo wallet identity was stolen.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.