Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process

Posted on by American Coins & Gold

Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process
At first, Cynthia Gutierrez refused to download Chivo, the digital wallet developed by El Salvador’s government for the use of bitcoin throughout the country and released on Sept. 7.She decided to open the app on Oct. 16 after learning from fellow Salvadorans that hackers had activated wallets associated with the nine-digit numbers on their identity cards, known as DUI for its acronym in Spanish.“This was growing more and more, reaching into my close circle,” Gutierrez, 28, told CoinDesk.When Gutierrez entered her personal information, a screen popped up saying her document number was already associated with a wallet. Immediately, she took…