Topic: Indian Prime Minister Promoting Bitcoins Giveaway (Read 455 times)

This is a common thing and has been done to several big figures or artists who have many followers. Hackers took advantage of the opportunity to manipulate the price of bitcoin with tweets made. But when twitter is known to be hacked, it will have a bad impact on bitcoin prices. Currently the price of bitcoin is unstable and crashes again.

You are getting it wrong. The Prime Minister Twitter account was hacked, the hackers were the ones that took it to the Prime Minister Twitter account that 'India is making bitcoin a legal tender', not the Prime Minister himself. So, it was actually not true but just a possible means to scam.

It is good news that the Indian prime minister announced bitcoin as a legal tender in India. India is a big country regarding population and land facts.This announcement will give projection & encouragement to the Bitcoin & cryptocurrency users in India.This is a very good step taken by Narendra Modi. Overall it will go in the interest & favor of the Bitcoin family. But is surprising that the Indian Prime minister's Twitter account was hacked. It shows low security on the account of the Prime Minister.

They had internal access IIRC. Hacking one account was no less or more difficult than hacking another.

This is a bigger problem than just stealing Bitcoins, because what happens if the twitter account of a public official, like Trump (who was active at the time) gets hacked. How can international markets be effected? What about foreign policy?

I've seen negative stories about Bitcoin attached to the twitter hacks, but this is more about Twitter having poor security.

The text written in the tweet can be considered as a joke but the hacking of a prime minister's Twitter account is no joke at all.

By the way, one thing is for sure that hackers were someone whom knew about crypto or wanted to make crypto legal in India.

Well, I was not surprised. I believe that those who were here around last year when we experienced the Twitter hack that led to a lot of celebrities account posting all these kind of rubbish scam on their Twitter page, people who are here around that time wouldn’t be too fast to believe such news when they see it on Twitter. Because, they know very well what hackers are able to do. The last time they were able to hack lots of celebrities account which even included Barack Obama,and a lot of other celebrities more than I can count. And they used these accounts to post this same links and convinced some people to make transaction to their address.

I think they almost got $300,000 from that. But the good thing is that they were caught, so I don’t know about this one if they are really going to be caught as well. And I also hope that people never fell for it.

This seems to be a joke, just like the Indian Prime Minister went to the Ganges. I don't know if he is worried about the virus in the Ganges

That is totally right. Public personalities, especially agents of the public administration have to be extremelly careful with their social media accounts, because it is an official mean or channel of communication of the government, due to the verification seal guaranteed by the platform.

The informations posted on that profile will surely be taken into consideration by the most uneducated and naive citizens, doesn't matter how insane they are, just like this one.

I could say it was an accident if the account had been hacked once, but since it is the second time it makes me think the responsible one for the social platforms is neglecting the security protocols of his duty. That is unacceptable!

If you're Indian and you actually believed that,,, then well,,, you do not know your country like I do  

Anyway, this Twitter getting hacked for Bitcoin scams is getting really old. And strangely enough,,, people still fall for them. And to think that if you are on Twitter it means probably you are educated and middle class.

I guess there is no education for greed

This was another one attempt to hack the official Twitter account of renowned world leaders and put up some crypto related stuff and this hack was done when there are uncertainties about the regulations of crypto industry in India.The government has yet to finalize and present the bill in the current parliament session and this hack was done during that.

This was bad attempt according to me as the tweet says legal tender for bitcoin but the government has previously said they will not make it legal tender like El Salvador and will come up some new approach or ban some private cryptos with partial regulations so this tweet doesn't make any sense to me at all.

But still there are so many users in India that want Government to take positive action for the regulations but the account was restored immediately after that and no scam was done according to me through this as hackers might want to them have nice decision in favour of bitcoin 

Yes we really not to be quick after getting a social comments cause the account could be hacked before that .Here we have faced same thing that his account hacked and after that we have seen a tweet so we need to more careful on that and also try to get the news from different source if it correct we can surely get it on other site as well .However we don't get any others source that he really said it so it's not good for us to become excited .I hope the government will think more and make strategy to switch it properly on the country .I didn't shock much after getting this news cause i knew it could be happen something like this .So i wanna suggest you to research and being updated always with the news what we get .

Omg, it's another hack that took place perhaps from the unclear and changing regulations for bitcoin as a concept that lacks continuity. In fact, India is getting draconian with regulations related to bitcoin and crypto in recent times. I think it is also a "reminder" to the prime minister of India although I am not impressed with the hacked versions. Lol
Mr. Modi has probably never been in such a rush with a bitcoin-related gift - Giveaway .

It's not the first time when users get scammed because someone hacked Twitter accounts of prominent people.
Everyone who thinks that bitcoins (and other coins) can be received so easily, should really reconsider their presence in crypto as this kind of silly approach may not end well for them one day.

The title is quite misleading. The first time I read it, I thought it was all about promoting the giveaway of bitcoin, and turns out, it was all about the hacking incident, not really promoting, so I suggest you change the title to avoid confusing other readers as well. This is such a clickbait as the title isn't aligned to the overall content. However, it's still good to read about the incident that has happened.

Any of us is prone to hacking. It could be any of the people around the world as platforms have their own vulnerabilities that are taken advantage of the hackers to gain something from it.  But of course, most of the time, those people who have been hacked and are more prone to hacking are the ones that have a wide reach of audience, are well-known, and have a reputation to uphold. The reason behind is is that the hackers can easily get what they want the moment they infiltrate the security of the account. Just like what happened to the Prime Minister's Twitter account. Since he is a reputable person, people trust him giving the hacker/s the advantage to execute easily what they want such as scamming. Since this is already the 2nd time around that his account has been hacked, I think the security is quite weak. As servant leaders, their accounts should be well taken care of and should have high safety protocols. May this serve as a lesson to them.

As for the Twitter followers of any reputable personality, let's avoid being a victim to such events by double-checking first whether the announcement is true or not. Avoid giving any personal information no matter how famous the person asking you is. Don't be easily fooled and always stay vigilant. Once you lose your funds, there's a little to no more chance to recover it so always be on your guard.

i was amazed reading the photo shared , but disappointed after reading the lower part in which the account was hacked and surely the hacker/hackers are a crypto community members because their announcement is really encouraging if the hacking does not exposed earlier.

though the Indian Government still having strict policy towards crypto and it is impossible to just happened that adoption overnight.

but it is a Good read in the beginning  lol.

It was the same way the Twitter account of the world's richest man – Elon Musk's account together with those of other notable figures were hacked some time ago too. These things happen and sometimes they leave room for suspicion that the account owners are in the know of what's happening. In some cases I see it as a way of account owners using that opportunity to express their thoughts, away from the office or position they hold in government. That's the way I feel on this one. However, it's the later part of that article as shared by @Charles-Tim here https://cointelegraph.com/news/indian-prime-minister-modi-s-hacked-twitter-account-attempts-btc-scam that makes it look like a scam. I think the public should be watchful and weary of that too.

Richness does not determine how secure a social account account is, the security is in education and how the social media account owner is practising safty and making its account secure. One thing I also know about this social media thing, they are vulnerable to attack as well. This has not been the first time this is happening. Also on YouTube, we have seen many celebrity YouTube account that was hacked. And also on other social media accounts.

What is most important is not the account that was hacked, it is people to have the kind of education that will not let them be scammed. Scammers and hackers will not think of two things most of the time than to use the hacked account to scam people in a fake giveaway, telling people to pay-2-to-get-4 type of scam in which the victim will pay and nothing will be given in return. This is what people should avoid and the most important.

You are right about how this "high power peoples" account should have the highest possible security and password standard and I am thinking the same thing for crypto exchanges too with more recent attacks on Bitmart and AscendEX because it is looking like an easy thing for them, the hackers these days to get into any account they want and take what the want.

I was actually worried about such thing! Bitcoin and cryptocurrency in general is a hot topic in India right now and a draft bill is under consideration of the parliamentary committee. There are a lot of speculations ongoing at this moment and various media houses are posting both positive and negative news on this matter.

These kind of hacking activities are actually bad for the situation. So I strongly condemn such hacking activities. These are making things negative in India. Not good considering the current situation.

I heard it over BBC news channels that the prime minister Twitter account was slightly hacked and this tweet about bitcoin adoption or
bitcoin giveaways was tweeted. I should say that, this news shouldn't be given any consideration and should be neglected as it is not true.