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Government’s “Chivo” Bitcoin Wallet Destined for Salvadorans Under Attack

Posted on November 20, 2022 by admin

Government’s “Chivo” Bitcoin Wallet Destined for Salvadorans Under Attack

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Answer Government’s “Chivo” Bitcoin Wallet Destined for Salvadorans Under Attack

Salvadorans turned out in their hundreds, claiming that their identities had been used by pirates.

The victims’ identities were used to open “Chivo” bitcoin wallets on their behalf to benefit from $30 of the donated bitcoin.

As part of the government-led effort to facilitate bitcoin adoption in the country, a reward of $30 has been placed on every new wallet opened.

But now according to reports, the whole process has been completely compromised.

Hackers open multiple Chivo wallets using Salvadoran identities:

Since the launch of the Chivo wallet on September 7, 2021, many Salvadorans have complained that they are unable to activate the wallets because their DUI numbers have already been used without their consent.

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According to the human rights organization Cristosal in El Salvador, it has already started receiving notifications of complaints in this regard.

In just six days (October 9 to October 14), Cristosal received no fewer than 755 notifications from Salvadorans who had experienced identity theft using Chivo wallets in one way or another.

To date, the government of El Salvador has not yet commented on allegations of identity theft related to the governor.

Reports on the registration of loads in the system:

As a reminder, at the end of September, Bukele made a report telling that more than two million people had downloaded the official “Chivo” wallet.

Meanwhile, the official Chivo website indicated that to open a new account, one must first scan the DUI from the front and back face, and then proceed to do some kind of facial recognition that will help verify the identity of the registrant.

But many Salvadorans say the system has flaws and is by no means protected.

Adam Flores, a Salvadoran YouTuber who runs La Gatada SV, revealed the flaws of the system in a personal experiment he did using his grandmother’s identity.

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Although Flores used a copy of Grandma’s DUI, the request was granted.

And it didn’t stop there.

During the facial recognition phase, Flores only took an unrelated photo of his grandmother, and interestingly enough, the operation was a success.

Since then, many other similar cases have been shared on social media, with many showing how easy it is to cheat tests and open up a new wallet.

Read also:

A “Messenger”-like decentralized app built on Solana announces enabling OTC and NFT functionality

Edward Snowden makes a statement and comments on the “Shiba Inu” coin… Learn about his statements!


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