EL SALVADOR'S $100M BITCOIN BUY REKINDLES IMF DEAL QUESTIONS

Summary from the TLDR Crypto newsletter

El Salvador's Bitcoin Office says the government bought 1,090 BTC worth over $100 million, lifting reserves from 5,968 to more than 7,474 BTC, despite an IMF loan program that pledged no new public-sector BTC purchases and steps to reduce exposure. The discrepancy between onchain reserve data and assurances in IMF filings raises fresh concerns over how closely El Salvador is adhering to its $1.4 billion agreement and how its Bitcoin holdings are being reported.