The Prime Minister of India, Narendra Modi, announced on his account that the country would be distributing 500 coins, or $24 million, to citizens, out of the blue. The post was fake, so sorry to rain on your parade.
Modi's account was briefly hacked on Sunday to promote bitcoin and steal data or scam a lot of people. The link to the fake website that encouraged people to hurry up and get their money was included in the tweet. Modi and his team regained access to his account on Sunday and deleted the hacker's message.
The account of the Indian prime minister had been briefly compromised. The account was secured immediately after the issue was raised.
Modi's office said that the account was compromised and that the account must be ignored.
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There were no signs that other accounts had been affected.
A team of people from the PM's Office communicate with us all the time and we took necessary steps to secure the compromised account as soon as we became aware of the activity. There are no other impacted accounts at this time.
According to the social media platform, it looks like Modi's account has not been hacked due to any breach of the systems. The link to the best practices for keeping accounts safe was provided.
Modi said in late November that all democratic nations had to work together to ensure that it does not end up in wrong hands.
The country was considering criminalizing the mining, trading, and holding of cryptocurrencies. The country's upcoming bill on cryptocurrencies has not yet been introduced in its Parliament, so investors in India are waiting to learn more.
