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El Salvador: Chivo wallet became ‘endless source money’ for a minute – TheDailySats

El Salvador: Chivo wallet became ‘endless source money’ for a minute – TheDailySats



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  1. tldr; El Salvador’s state-backed wallet Chivo stopped updating the Bitcoin price feed on October 19. The temporary halt in updating Bitcoin prices led to users making money by arbitraging the difference. Chivo said that scalping was legal, but doing it while BTC price was frozen is considered “fraud”

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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