Paraguay’s President’s X Account Hacked: Bitcoin Legal Tender Claim Debunked
Paraguay’s government revealed on monday that President Santiago Peña’s X account might have been hacked. The account shared a misleading post stating Bitcoin was Declared Legal Tender
on Monday, Paraguay’s government disclosed that President Santiago Peña’s X account might have been hacked. The account posted a misleading claim that Bitcoin had become legal tender in the country. It also stated that a $5 million Bitcoin-backed reserve fund was launched.
The post included what seemed like an official government decree, complete with the national coat of arms. However, it was quickly deleted due to its promotional tone and formatting inconsistencies. There was no confirmation on government websites or state-run media.
Paraguayan officials confirmed the “irregular activity” on the President’s account, suggesting unauthorized access. Thay advised citizens to ignore the post and wait for verified facts.
El Salvador has made Bitcoin legal tender, but Paraguay has not announced such plans. The government has not provided details about who accessed the account or how.
