El Salvador - Trolls, Exiles & Sanctions Threaten Bukele’s Bitcoin Policy
There is a risky scenario developing in which OFAC sanctions could threaten key Salvadoran entities - not just individuals. Bukele is flirting with it.
The US Treasury on 9 December sanctioned two more officials in president Nayib Bukele’s government. OFAC froze the assets of former legal secretary Conan Tonathiu Castro Ramirez for obstructing an investigation into the misappropriation of public funds. The Treasury agency also froze the assets of Oscar Rolando Castro, Minister of Labor, for corrupt dea…