Paraguay’s President Deletes Bitcoin Post in Likely Crypto Scam

Paraguayan President Santiago Peña deleted a post on his X account after a likely hack by crypto scammers who claimed the South American nation had approved Bitcoin as legal tender.

Calling a post sent Monday afternoon under Peña’s name “false,” the presidency said on X that his account saw “irregular” activity indicating “a possible unauthorized access.” Paraguay’s cybersecurity agency was working with the social media platform to clarify what happened.