9 June 2025
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Paraguay President’s X Account Hacked, Posts False Bitcoin Legal Tender Announcement
The Twitter account of Paraguay's President Santiago Peña was hacked, posting false information about making Bitcoin legal tender, creating a Bitcoin reserve, and issuing Bitcoin bonds. The message invited investors to contribute to a Bitcoin wallet.
- The post stated: "Investors: your investment today will determine the scale of this rollout."
- The official Presidential page confirmed the information was false and indicated unauthorized access.
- Paraguay hosts significant Bitcoin mining operations but lacks a comprehensive crypto regulatory framework.