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Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC – Regulation Bitcoin News

The Twitter account of Indian Prime Minister Narendra Modi was comprised and a tweet was posted claiming that the federal government of India has adopted bitcoin as authorized tender and bought 500 cash to distribute to all residents within the nation. This hack got here at a crucial time in India as the federal government is actively engaged on cryptocurrency laws.

Hacker Tweets About Indian Authorities Shopping for and Giving Away Bitcoin

The Twitter deal with of Indian Prime Minister Narendra Modi was hacked Saturday and a tweet selling a bitcoin rip-off was posted on the account. The tweet reads:

India has formally adopted bitcoin as authorized tender. The federal government has formally purchased 500 BTC and is distributing them to all residents within the nation.

The tweet additionally contained a hyperlink to an internet site selling a bitcoin giveaway rip-off. On the time of writing, the rip-off web site on blogspot.com has been eliminated.

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Prime Minister Modi’s account was quickly restored and the bitcoin rip-off tweet was deleted.

The official account for the Workplace of the Prime Minister of India then introduced on Twitter that the Twitter deal with for Prime Minister Modi “was very briefly compromised.” It added that “The matter was escalated to Twitter and the account has been instantly secured. Within the temporary interval that the account was compromised, any tweet shared should be ignored.”

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This isn’t the primary time the account of Prime Minister Modi was hacked. In June final yr, his account was compromised as a part of a a lot larger-scale hack involving a number of different world leaders, main firms, and celebrities. The hackers additionally used the compromised accounts to tweet a few bitcoin giveaway rip-off.

In September, Modi’s Twitter account was hacked once more. Tweets asking for bitcoin donations for the Prime Minister’s Nationwide Aid Fund for Covid-19 have been posted on the account.

Bitcoin giveaway scams are quite common within the crypto area. Scammers have used the names and likeness of a number of influencers and celebrities to advertise their giveaway scams, together with Tesla CEO Elon Musk, Microsoft founder Invoice Gates, Apple co-founder Steve Wozniak, Coinbase CEO Brian Armstrong, and Microstrategy CEO Michael Saylor.

Modi’s Twitter account hack got here at a time when India is considering regulating bitcoin and different cryptocurrencies. A crypto invoice has been listed to be thought of in Lok Sabha, the decrease home of India’s parliament.

There are experiences suggesting that Modi will take a ultimate choice on India’s crypto laws. He has reportedly hosted a minimum of two high-level conferences on crypto. Modi just lately urged leaders of democratic nations to collaborate to make sure cryptocurrencies, together with bitcoin, don’t fall into the improper palms. On the Summit for Democracy hosted by U.S. President Joe Biden final week, Modi stated that crypto ought to be used to empower democracy.

Tags on this story
crypto invoice, crypto laws, Cryptocurrency regulation, indian crypto regulation, Indian Prime Minister, indian prime minister crypto, modi bitcoin, modi crypto, modi crypto regulation, modi democratic summit, Prime Minister Narendra Modi

What do you consider hackers tweeting about bitcoin from Prime Minister Modi’s account? Tell us within the feedback part beneath.

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