In preparation for legislation to ban cryptocurrencies, the Government of India has become the target of hackers. Hackers, who took over Prime Minister Narendra Modi’s personal Twitter account, which has more than 70 million followers, made a tweet that shocked the whole world.
In the incident that took place on Sunday, it was stated on the Twitter account of Indian Prime Minister Narendra Modi that the country has legally adopted Bitcoin. These words, made at a time when the government was about to ban cryptocurrencies, stunned the crypto industry. However, it was later found out that the post in question was fake.
Twitter secures Narendra Modi’s account
In the tweet from Prime Minister Narendra Modi’s profile, it was informed that the Government of India has purchased 500 BTC to distribute all of it to the citizens. It was understood with the announcement of the Indian Prime Minister’s Office that the account was taken over by malicious people. The office said in a statement that Narendra Modi’s account was compromised for a short time.
https://twitter. com/PMOIndia/status/1469786236990607361
Twitter management took action immediately after the account was stolen. The social media company, where Indian-born Parag Agrawal is the CEO, has secured the account of Prime Minister Narendra Modi. The Prime Minister’s Office warned citizens to ignore all tweets posted during the hacking of Narendra Modi’s Twitter account.
The fake tweet from Narendra Modi’s account received more than 200 likes and more than 100 retweets. Some users, who took a screenshot before the sharing was deleted, published the content of the message on social media. The image reads:
India has officially accepted Bitcoin as a legal tender. The government has officially purchased 500 BTC. He will distribute them to all residents of the country
https://twitter. com/PeterHoskinsTV/status/1469774315063103492
India plans to introduce jail time for use of cryptocurrencies
In the near future, the Government of India is planning to bring the legislation related to cryptocurrencies to the parliament of the country. Details of the arrangement in question emerged with an unnamed source of Reuters. Accordingly, the government will impose jail terms without a warrant for the use of cryptocurrencies.
However, it is not just cryptocurrency payment transactions; mining, trading, etc. individually. transactions will also be prohibited. On the other hand, according to lawyers, this decision of the government will also deal a big blow to the NFT market.
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