X account of the president of Paraguay was hacked to make Bitcoin’s announcement
By Hannah Pérez
No, Paraguay did not recognize Bitcoin in legal tender or adopted a reserve strategy focused on the distinguished cryptocurrency. The president’s account would have been hacked to make a false ad.
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- No, Paraguay did not recognize Bitcoin in legal tender.
- The X account of President Santiago Peña would have been taken by hackers.
- Next to the announcement added the address of a Bitcoin wallet.
- It is not the first time that a high profile account is hacked to steal cryptocurrencies.
The president of Paraguay, Santiago Peña, made an outstanding announcement when he said Monday on social networks that the South American nation had adopted Bitcoin as legal tender and established a strategic reserve of the cryptocurrency.
However, such an ad was not legitimate.
The Paraguay government has indicated that the account of X President Peña was probably pirated after the promotion of the alleged new national policy in favor of cryptocurrency, the news agency reported Reuters.
“The president’s official X account has presented an irregular activity that suggests a possible unauthorized entry“, The government said in a statement cited by the news media.
The news about the alleged adoption of Bitcoin On the part of Paraguay had circulated rapidly on social networks after the initial publication from the Peña account.
“Officer: Paraguay does #bitcoin of legal tender! President Peña confirms reservation of $ 5m in BTC + access to bonds for citizens with cryptocurrencies”said the original message published by the president in X next to the capture of an alleged speech.
However, the publication contained a suspicious element: a direction of Bitcoin Next to a message that seemed to invite unsuspecting followers to deposit their cryptocurrency in that wallet. “Investors: Your investment will determine the scale of this deployment“, It was read in the now eliminated publication. That address had only USD $ 4 of BTC at the time of editing.
Another suspicious element was the fact that the publication had been written in English, being one of Peña’s only messages written in another language that is not Spanish. Even so, various news media fell, sharing fraudulent information.
It would not be the first time that computer pirates obtain access to social media accounts belonging to celebrities, politicians or even government accounts in an attempt to steal cryptocurrencies of off guard.
In 2020, for example, hackers committed dozens of high profile accounts “Including those of Elon Musk, Barack Obama, Joe Biden, Bill Gates, Kanye West, and companies like Apple and Uber – to drain thousands of dollars in Tokens. Also account x of the US stock and values commission. UU. (SEC), a main financial regulator of the country, was hacked in 2024.
If it had been true, Paraguay would have become the second country in Latin America to have recognized Bitcoin as legal tender, after El Salvador did the same in 2021.
The legislators of Paraguay have been writing new laws to supervise and support a nascent cryptocurrency industry, even strengthening a relationship with El Salvador To advance in this direction. Paraguay is attractive For miners of Bitcoin.
Hannah Estefanía Pérez / Diariobitcoin
Edited image of Unspash
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