TikToker Rattles Bolivia's Financial System
4 Articles
4 Articles
TikToker rattles Bolivia's financial system
Twenty-one-year-old TikToker Juan Carlos Villafuerte was arrested for allegedly damaging the credibility of Bolivia's system after the Financial System Supervisory Authority (ASFI) filed a complaint against him for creating videos that claimed 'banks in Bolivia are in danger' and advised people to withdraw their savings.
La Paz, July 30, 2025 (ATB Digital).- The director of the Supervisory Authority of the Financial System (ASFI) confirmed that in March a formal complaint was filed against a content creator in TikTok, accused of spreading disinformation related to the Bolivian banking system. Tiktoker would have called for a massive withdrawal of money, which generated concern among the population and alerts within the financial sector. The institution warns abo…
The regulatory entity accuses the young man of spreading alarmist content that could affect the stability of the Bolivian financial system The Financial System Supervisory Authority (ASFI) issued an institutional note this Wednesday in which it clarifies that Juan Carlos Villafuerte was not denounced by a recent video in which he suggests to the population to acquire dollars, but by another previous content in which he would have made alarmist s…
🔊 Listen to this news A 20-year-old young man, who creates content on TikTok, was arrested on Tuesday, July 29, 2025, in the city of Santa Cruz. The arrest was made because he is accused of spreading false information about the dollar exchange rate and the value of the boliviano. The Financial System Supervisory Authority (ASFI) was the entity that filed the complaint and has initiated the legal process against him. Defense attorney Andrés Rich…
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