PM Modi’s Twitter Account Got Hacked on Crypto Banned

PM Modi’s Twitter Account Got Hacked on Sunday Morning

PM Modi’s Twitter account got hacked on 11th December 2021 at midnight. A tweet claiming that India has “officially adopted bitcoin as legal tender” was posted and that the government had bought 500 bitcoins.

PM Modi's Twitter Account Got Hacked

After PM Modi’s Twitter got hacked, An hour later, another Tweet from the official handle of the Prime Minister’s Office said that the prime minister’s Twitter handle was “very briefly compromised” and that the matter had been raised with Twitter.

The Twitter handle of PM @narendramodi was very briefly compromised. The matter was escalated to Twitter and the account has been immediately secured.

In the brief period that the account was compromised, any Tweet shared must be ignored,” the tweet from PMO said.

PM Modi's Twitter Account Got Hacked

“As per Twitter investigation to date, it appears that the account was not compromised due to any breach of Twitter’s systems,” Twitter said.

The government is likely to introduce a bill on cryptocurrencies and has expressed concerns they may be used to lure investors with misleading claims and to fund terror activities.

The Indian government sends the crypto bill to the cabinet and after approval by the cabinet, the bill will introduce in Lok sabha and Rajya sabha in parliament.

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Speculation in Bill About Crypto

1- All private crypto will be banned

2- Cryptocurrencies will not consider as legal tender

3- Cryptocurrencies will consider as assets

4- Crypto assets or trading which are regulated by SEBI

5- Govt introduce its own digital currency which is issued by RBI

6- All foreign exchanges will be banned in India.

7- If foreign exchanges allow when exchanges will be registered in India.

8- You can’t use cryptocurrency for any type of payment in India.

9- You can’t store your crypto in a private wallet.

10- Govt will not ban whole blockchain technology.

These are all speculation in the crypto market & social media.

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