Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer information on these purchases.
President Nayib Bukele Sued by Salvadoran Nonprofit Cristosal
On Nov. 17, Cristosal, a nonprofit human rights organization, announced that it has filed three different lawsuits against President Nayib Bukele, seeking to clarify the origin and transaction information of the funds used to purchase bitcoin. Ruth Lopez, an anticorruption spokesperson for the group, stated that one of the lawsuits had to do with the illegality of reforms Bukele had made to laws concerning these expenses.
Lopez explained that $750 million are managed by Bukele as part of the bitcoin trust established by the central bank of the country in an unconstitutional way, alleging that these laws allowing
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