10.06.2025 01:13

A cyberattack targeted Paraguayan President Santiago Peña's official Twitter account on June 9, 2025, resulting in a fraudulent announcement. This deceptive message claimed the establishment of a $5 million Bitcoin reserve and a new national bond program specifically designed for cryptocurrency users. The false claim briefly ignited speculation within cryptocurrency circles and broader financial markets.

Swift action by the Paraguayan government quickly quelled the misinformation. A formal statement was released, unequivocally rejecting the unauthorized post and assuring citizens that no such Bitcoin initiatives were under consideration. This decisive response proved critical in preventing the false news from creating significant economic instability.

The government's clear and immediate communication emphasized the fabricated nature of the announcement. President Peña personally denied any plans to create a Bitcoin reserve or adopt Bitcoin as legal tender, thereby reinforcing Paraguay's existing cryptocurrency regulatory framework. The country currently does not recognize cryptocurrencies as official currency.

This security breach highlights the escalating cybersecurity risks faced by prominent figures, emphasizing the critical need for robust verification procedures when encountering online announcements, especially those pertaining to governmental policies or financial matters. The incident also underscores the resilience of financial markets in the face of misinformation, thanks in part to the government's rapid response. The incident serves as a stark reminder to rely on verified information sources obtained from official channels rather than social media.