El Salvador’s Bitcoin are NOT stuck on FTX
1 min read
El Salvador has 3281 Bitcoin. There is a rumor today that El Salvador’s Bitcoin were stuck on the FTX exchange. This rumor was even covered in a newspost that got shared here multiple times.
But this rumor was not true. CZ exchanged messages with President Nayib and Bukele responded that they do not have any Bitcoin on FTX and have never done business with FTX. So the funds of El Salvador are safe. Down a lot from the buying price, but safe.
This was a good lesson in how quickly missinformation spreads on social media. I am actually very proud that people here spotted it quickly and were very skeptical of the news.
submitted by /u/Beyonderr
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