Paraguay president’s X account hacked, falsely claims Bitcoin as legal tender
Paraguay’s government announced Monday that President Santiago Peña’s X account may have been hacked after it shared a post falsely claiming that Bitcoin had been declared legal tender in the country.
The post, written in English and accompanied by a Spanish-language statement, asserted that Paraguay was launching a $5 million Bitcoin-backed reserve fund and integrating the cryptocurrency into its national financial system.
It featured what appeared to be an official government decree, using the national coat of arms and official-looking formatting.
The now-deleted tweet immediately drew skepticism due to its promotional tone, formatting inconsistencies, and absence from any official Paraguayan government channels. No confirmation appeared on government websites or state-run media.
‘Irregular activity’
In a statement, Paraguayan officials said the President’s account “presented irregular activity,” suggesting unauthorized access. They urged citizens to disregard the post and wait for verified information.
“The president’s official X account has presented irregular activity which suggests possible unauthorized entry,” the government said in a statement, per Reuters .
Countries like El Salvador have made Bitcoin ( BTC ) legal tender, but Paraguay has not previously announced any such plans.
Paraguayan authorities had not provided further details about who may have accessed the account or how.
