A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked about ID theft, money laundering problems, and the tech issues he observed while working with the Chivo team.
Chivo Wallet Problems Deconstructed
Shaun Overton, a developer that supposedly was part of the team for Chivo Wallet, has talked about the different problems that the flagship cryptocurrency wallet, created by the government to popularize the use of bitcoin as legal tender in the country, faced during its initial stages. The statements offered by Overton are part of a legal dispute between Accruvia, a software developer, and Athena Bitcoin, the company in charge of developing and operating Chivo Wallet, which was replaced by Alphapoint in February.
According to the local news site El Faro, Overton was brought in by Chivo’s team to ma
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