The official Twitter account of Indian Prime Minister Narendra Modi (Narendra Modi) was hacked earlier today and was subsequently used to share misleading information about mainstream Bitcoin adoption (Bitcoin) And redistribute 500 BTC among Indian citizens.

On December 10, Modi said at the virtual event virtual summit hosted by US President Joe Biden, such as Cryptocurrency should be used to empower democracy Instead of destroying it:

“Through joint efforts, democratic countries can satisfy the wishes of our citizens and promote the democratic spirit of mankind.”

During the long-awaited Lok Sabha winter meeting, the parliamentary meeting aims to Discuss the legality of cryptocurrencies in the region, Did not come to the government’s position on cryptocurrency. Hackers from unknown sources managed to control the Prime Minister’s account with more than 73.4 million followers and declared Bitcoin as legal tender.

Although the hack took place at midnight in India (around 4:00 PM EST), Twitter user Priya is one of many cryptocurrency enthusiasts who noticed this inconvenience. tweet Read:

“India has officially adopted Bitcoin as legal tender. The government has officially purchased 500 BTC and distributed it to all residents of the country. The future is here today!”

The post also contains a link that urges careless investors to register and claim their share in BTC. However, this is the second time Modi’s Twitter account has been hacked and used for crypto fraud.

Soon after the hacking, the unauthorized tweets were deleted, and the hacking was confirmed by the Prime Minister’s official account.

As Cointelegraph reported, as early as September 2020, hackers were able to hack Modi’s Twitter account. The hacker shared a few tweets under the pseudonym “John Wick”, demanding followers of the Prime Minister “Donate generously to the Prime Minister’s Covid-19 National Relief Fund. “

related: The creator of the encryption bill says India has misunderstood the private encryption ban

The introduction of India’s cryptocurrency bill has raised new concerns about the ban on private cryptocurrencies.Although the meaning of “private” has not yet been explained in parliamentary meetings, Lack of information triggers investor panic.

To clear the speculation surrounding the discussion of the encryption bill, the former Secretary of the Treasury, Subhash Garg, who was also the creator of the bill, refuted the concept of prohibiting “private cryptocurrency” as a misunderstanding.in a interview Gag said on News 18:

“[The description of the crypto bill] Maybe it was a mistake. It is misleading to say that private cryptocurrencies will be banned and to suggest the same to the government. “