Indian Prime Minister Modi hacked a Twitter account to scam BTC. Shortly after Modi’s Twitter account, which had over 73.4 million followers, was hacked, the attackers shared misinformation about mainstream acceptance of Bitcoin and 500 BTC freebies.
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Indian Prime Minister Narendra Modi’s official Twitter account was hacked today and then used to spread misinformation about the mainstream adoption of Bitcoin (BTC) and the redistribution of 500 BTC to Indian citizens.
On December 10, during a virtual events summit hosted by U.S. President Joe Biden, Modi said that technologies such as cryptocurrencies should be used to strengthen democracy, not undermine it.
“By working together, democracies can fulfill the aspirations of our citizens and celebrate the democratic spirit of humanity.”
While the long-awaited Lok Sabha Winter Session, a parliamentary session designed to discuss the legality of cryptocurrencies in the region, did not conclusively clarify the government’s stance on cryptocurrencies, the hackers of unknown origin managed to gain control of the account of the Prime Minister with over 73.4 million followers claim Bitcoin is a legitimate offer.
https://twitter.com/supesuonna/status/1469775212300275713?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
While the hack happened at midnight in India (4:00 p.m. ET), Twitter user Priya was one of the many crypto enthusiasts who became aware of it. tweet it says:
“India has officially accepted Bitcoin as legal tender. The government has officially bought 500 BTC and is distributing it to all residents in the country. The future has come today! ”
The post also includes a link urging ruthless investors to sign up and ask to pass their BTC on. However, this is the second time Modi’s Twitter account has been hacked and used for crypto scams.
Immediately after the hack, the unauthorized tweet was deleted and the hack was confirmed from the Prime Minister’s official account.
https://twitter.com/PMOIndia/status/1469786236990607361?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
As Cointelegraph reported, hackers were able to infiltrate Modi’s Twitter account in September 2020. Using the pseudonym “John Wick”, the hackers shared several tweets requesting the Prime Minister to “make a generous donation to the PM National Relief Fund for Covid-19”. ”
The introduction of the Indian bill on cryptocurrencies has raised new concerns about the ban on private cryptocurrencies. While the meaning of the word “private” remained unclear during the congressional session, the lack of information caused panic among investors.
Former finance minister Subhash Garg, who is also the creator of the law, exposed speculation about the discussions about a cryptocurrency law and rejected the concept of banning “private cryptocurrencies” as a misinterpretation. In an interview with News 18, Garg said:
“[The description of the crypto bill] maybe a mistake. It would be wrong to say that private cryptocurrencies are banned and to inform the government about it. “
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