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Paraguay President’s X Account Likely Hacked in Bitcoin Scheme

  • On June 9, 2025, Paraguayan President Santiago Peña's official X account posted a false announcement claiming Bitcoin became legal tender in Paraguay due to likely hacking.
  • The suspected hack triggered doubts because the announcement used unusual decree formatting, was missing from official channels, and contained promotional language targeting investors.
  • Paraguayan authorities confirmed irregular activity on the account, deleted the fraudulent post, and coordinated with CERTpy and X platform security to investigate and restore control.
  • The false message claimed that Paraguay had established a Bitcoin reserve worth $5 million alongside government bonds for cryptocurrency users, but officials quickly refuted the announcement and urged the public to disregard any unauthorized posts from the account.
  • This incident highlights Paraguay's cybersecurity vulnerabilities amid multiple agency breaches in 2025 and emphasizes the need for stronger digital security and public awareness.
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39 Articles

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5
Center
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Right
5
Lean Left

On Tuesday, the Paraguayan authorities denounced a piracy with "advanced" techniques on the account of President Santiago Peña, who briefly broadcast on Monday a false message establishing a cryptocurrency as the country's "legal currency".

·Montreal, Canada
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Lean Right

The government of Paraguay reported this Monday that the official X (ex Twitter) account of President Santiago Peña was probably hacked, after a publication appeared that promoted investment in cryptocurrencies and falsely claimed that the country had adopted Bitcoin as a legal tender currency. Through a statement, the executive pointed out that “the official X account of the president presents irregular activity that suggests possible unauthori…

·Chile
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Lean Right

The Paraguayan government announced today that the country's President Santiago Peña's account on the X platform was likely hacked, after he allegedly used it to promote trading in the cryptocurrency bitcoin.

·Belgrade, Serbia
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Bias Distribution

  • 42% of the sources lean Left, 42% of the sources lean Right
42% Right
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Crypto Briefing broke the news in on Monday, June 9, 2025.
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