Cybercriminals hacked the official X account of President Santiago Pena to depict him saying bitcoin as authorized tender in Paraguay, the federal government stated Tuesday.
Minister for Information Technology and Communication Gustavo Villate stated the hackers used “relatively advanced techniques” to interrupt into Pena’s account, which has 425,000 followers, to strive become profitable on bitcoin.
The minister stated that the hackers had been recognized, with out giving particulars.
The message printed on Monday, which has since been deleted, purported to indicate Pena saying that bitcoin was now authorized tender within the South American nation.
“In my capacity as president of the Republic of Paraguay, and after rigorous evaluations, consultations with economic experts, and a careful review of the possible impacts on our gross domestic product, I have enacted legislation that formally recognizes Bitcoin as legal tender in our great country,” the submit learn.
The solely nation to this point to undertake bitcoin as authorized tender, with blended outcomes, is the Central American nation of El Salvador.
Pena thanked the federal government for its “quick and professional action” in scrubbing the submit, including that the incident confirmed the significance of constructing a “safe, reliable and resilient digital ecosystem.”
The incident comes weeks after a gaggle recognized as CyberTeam claimed duty for assaults on the IT techniques of assorted Paraguayan state organizations.
The info ministry suspended the deliberate launch this week of its National Cybersecurity Strategy 2025-2028 over the hacking assaults.
Source: www.anews.com.tr