{"id":153017,"date":"2025-03-14T18:00:33","date_gmt":"2025-03-14T16:00:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153017"},"modified":"2025-03-14T17:00:32","modified_gmt":"2025-03-14T15:00:32","slug":"who-is-actually-behind-el-salvadors-bitcoin-holdings","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/","title":{"rendered":"Who is Actually Behind El Salvador&#8217;s Bitcoin Holdings?"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.elsalvador.com\/noticias\/negocios\/el-salvador-bitcoin-nayib-bukele-fmi\/1205982\/2025\/\" target=\"_blank\" rel=\"nofollow\">Investigations<\/a><\/strong> point to over 80% of the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> being linked to Bitfinex wallets, with some funds routed through Chivo Wallet. This raises questions about whether El Salvador is misrepresenting its Bitcoin holdings, with researcher Mario G\u00f3mez speculating that the funds could have been loaned or donated by Bitfinex, rather than directly owned by the government.<\/p>\n<p>El Salvador\u2019s close ties to Bitfinex and its sister company Tether are well known, as the government has worked with them on various projects, including Bitcoin purchases and crypto-related services.<\/p>\n<p>As part of a deal with the IMF, El Salvador has agreed to disclose more details about its Bitcoin holdings, which may provide further clarity on the situation. However, for now, the true control of the country\u2019s Bitcoin remains unclear.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-could-reach-trillions-in-market-cap-according-to-strike-ceo\/\" title=\"Bitcoin Could Reach Trillions in Market Cap, According to Strike CEO\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-6-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Could Reach Trillions in Market Cap, According to Strike CEO<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>These revelations come amid ongoing scrutiny over El Salvador\u2019s controversial Bitcoin adoption. The government\u2019s push to integrate Bitcoin as legal tender has faced both local and international skepticism.<\/p>\n<p>While Bukele\u2019s administration touts the move as a financial revolution, critics argue that the government\u2019s reliance on external entities like Bitfinex and Tether complicates the narrative, potentially undermining the sovereignty of El Salvador\u2019s crypto assets. The IMF agreement is seen as an opportunity to address some of these concerns and provide transparency on the country\u2019s Bitcoin strategy moving forward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent reports suggest that El Salvador\u2019s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.<\/p>\n","protected":false},"author":9,"featured_media":3130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-153017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Who is Actually Behind El Salvador&#039;s Bitcoin Holdings?<\/title>\n<meta name=\"description\" content=\"Recent reports suggest that El Salvador\u2019s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Who is Actually Behind El Salvador&#039;s Bitcoin Holdings?\" \/>\n<meta property=\"og:description\" content=\"Recent reports suggest that El Salvador\u2019s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-14T16:00:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Zdravkov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Zdravkov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/\"},\"author\":{\"name\":\"Alexander Zdravkov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\"},\"headline\":\"Who is Actually Behind El Salvador&#8217;s Bitcoin Holdings?\",\"datePublished\":\"2025-03-14T16:00:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/\"},\"wordCount\":231,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptodnes.bg\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/\",\"name\":\"Who is Actually Behind El Salvador's Bitcoin Holdings?\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg\",\"datePublished\":\"2025-03-14T16:00:33+00:00\",\"description\":\"Recent reports suggest that El Salvador\u2019s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg\",\"width\":1000,\"height\":563},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptodnes.bg\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Who is Actually Behind El Salvador&#8217;s Bitcoin Holdings?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"CryptoDnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\",\"name\":\"CryptoDnes EN\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"caption\":\"CryptoDnes EN\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\",\"name\":\"Alexander Zdravkov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-96x96.jpeg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-96x96.jpeg\",\"caption\":\"Alexander Zdravkov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Who is Actually Behind El Salvador's Bitcoin Holdings?","description":"Recent reports suggest that El Salvador\u2019s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/","og_locale":"en_US","og_type":"article","og_title":"Who is Actually Behind El Salvador's Bitcoin Holdings?","og_description":"Recent reports suggest that El Salvador\u2019s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.","og_url":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/","og_site_name":"CryptoDnes EN","article_published_time":"2025-03-14T16:00:33+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg","type":"image\/jpeg"}],"author":"Alexander Zdravkov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Zdravkov","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#article","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/"},"author":{"name":"Alexander Zdravkov","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360"},"headline":"Who is Actually Behind El Salvador&#8217;s Bitcoin Holdings?","datePublished":"2025-03-14T16:00:33+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/"},"wordCount":231,"commentCount":0,"publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg","articleSection":["Bitcoin"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptodnes.bg\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/","url":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/","name":"Who is Actually Behind El Salvador's Bitcoin Holdings?","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg","datePublished":"2025-03-14T16:00:33+00:00","description":"Recent reports suggest that El Salvador\u2019s 6,114 BTC, claimed by the government, may actually be controlled by the crypto exchange Bitfinex.","breadcrumb":{"@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/El-Salvador-to-build-20-schools-with-the-profit-on.jpeg","width":1000,"height":563},{"@type":"BreadcrumbList","@id":"https:\/\/cryptodnes.bg\/en\/who-is-actually-behind-el-salvadors-bitcoin-holdings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptodnes.bg\/en\/"},{"@type":"ListItem","position":2,"name":"Who is Actually Behind El Salvador&#8217;s Bitcoin Holdings?"}]},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"CryptoDnes EN","description":"Crypto News, Bitcoin Analysis and More","publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cryptodnes.bg\/en\/#organization","name":"CryptoDnes EN","url":"https:\/\/cryptodnes.bg\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","caption":"CryptoDnes EN"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360","name":"Alexander Zdravkov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-96x96.jpeg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/photo_2025-04-09-16.32.20-96x96.jpeg","caption":"Alexander Zdravkov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/"}]}},"modified_by":"Deyan Angelov","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/153017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=153017"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/153017\/revisions"}],"predecessor-version":[{"id":153018,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/153017\/revisions\/153018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/3130"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=153017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=153017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=153017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}