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Home CRYPTO

Paraguay President’s X Account Hacked in Bitcoin Scam

by Sham
June 9, 2025
in CRYPTO, OPINION, POLITICS
Reading Time: 2 mins read
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  • Paraguay says President Peña’s X account may have been hacked after a fake Bitcoin post went live.
  • The post falsely claimed Bitcoin had become legal tender and a $5M reserve fund was underway.
  • Cybersecurity teams are investigating the breach, and citizens are urged to ignore unverified updates.

Things got weird on social media for Paraguay’s President Santiago Peña on Monday. A strange post popped up on his official X (formerly Twitter) account claiming that the country had adopted Bitcoin as legal tender and was setting up a $5 million BTC-backed reserve. But the government quickly stepped in, saying—yeah, that probably wasn’t him.

🚨 WARNING: PARAGUAY GOVERNMENT SAYS PRESIDENT PENA'S X (@SantiPenap) HAS PRESENTED IRREGULAR ACTIVITY, REFERRING TO $BTC POST https://t.co/QChMWLjg1B pic.twitter.com/HV8wfED9sQ

— BlockNews (@blocknewsdotcom) June 9, 2025

In an official statement, the government noted “irregular activity” on Peña’s account that pointed to a possible unauthorized breach. Basically, it looks like someone got in without permission and started posting crypto propaganda out of nowhere.

The now-deleted post included both English and Spanish, making it sound like a real announcement—complete with government-style phrasing. It even mentioned a national rollout of Bitcoin policies, which clearly caught folks off guard.

Things Got Weird on Social Media for Paraguays President Santiago Peña on Monday

Paraguay’s cybersecurity team is now digging into the situation, working with X to figure out exactly what happened. Until then, the government is asking citizens to ignore anything coming from the president’s account unless it’s officially verified.

Tags: BitcoincryptoSantiago Peña
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