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Bukele denies El Salvador transferred sovereign Bitcoin reserves to private parties

El Salvador President Nayib Bukele said media reports claiming the country transferred its sovereign Bitcoin holdings to private entities were “totally false,” posting the denial one day after an IMF release.

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El Salvador's President Nayib Bukele fired back at media reports suggesting the country had transferred its sovereign Bitcoin holdings to private entities, calling the interpretations "totally false" on social media.

The clarification came one day after the International Monetary Fund released a st…