El Salvador prepares to arrest El Faro journalists, report
El Faro's editor-in-chief and director have claimed that the Salvadoran Attorney General has prepared arrest warrants for journalists.
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El Faro's editor-in-chief and director have claimed that the Salvadoran Attorney General has prepared arrest warrants for journalists.
Read more (2 min) →El Salvador's government Bitcoin agency has so far only made $235 this year despite planning to bring in almost $7.4 million in income.
Nayib Bukele used a third-party tool to claim that El Salvador's bitcoin holdings were profitable, but the tool wasn't particularly accurate.
According to El Faro, it has endured physical surveillance and threats, spyware attacks, harassment, and defamation from public officials.
Bukele was responding to the Bank of England's concerns that users might not be prepared for just how volatile its price could be.
El Salvador’s government has accumulated $24 billion in debt since 1979 and the IMF predicts it will owe $38 billion within five years.
Luis Alexander Rivas Samayoa's arrest for contempt is just the latest indication that El Salvador is creeping toward total authoritarianism.
Despite plummeting creditworthiness and major delays with its sovereign bonds, El Salvador somehow found $200M for the Bitcoin Beach region.
Investors betting that El Salvador will default over the next five years have more than tripled credit swap prices since it adopted Bitcoin.