Paraguay President’s X Account Hacked, Shares Bitcoin Scam

The X account of the President of Paraguay, Santiago Peña, was hacked on Monday.

The account posted that Paraguay was making bitcoin

authorized tender, constituting a bitcoin reserve and issuing bitcoin bonds. It additionally invited buyers to donate to a bitcoin pockets.

“Investors: your investment today will determine the scale of this rollout. Secure your stake in Bitcoin,” the message mentioned in English. Peña’s earlier posts have been all written in Spanish.

The official web page of the Presidency of Paraguay posted on X that the bitcoin-related data was false and {that a} non-authorized particular person could have accessed the account.

Paraguay has turn out to be house to massive bitcoin mining operations, particularly belonging to HIVE (HIVE). Unlike El Salvador, nevertheless, it has but to determine a correct crypto regulatory framework.