Myanmar Junta Leader’s Social Media Hijacaked for Crypto Fraud
Hackers have the potential to control the official X account of the leaders of Myanmar military government on Saturday and use it to promote fraudulent cryptocurrencies.
This event may be part of a growth trend in which scammers use high-profile politicians to increase the credibility of scam tokens to deceive unsuspecting investors.
Another political crypto scam now targeting the Myanmar government
On February 22, X (formerly Twitter) account belonged to Myanmar government leader Min Aung Hlaing, and began publishing information about the so-called national cryptocurrency launch.
The posts describe it as “Myanmar’s No. 1 National Cryptocurrency”, trying to use it as an official digital asset.
Encrypted users on X quickly noticed irregularities. Hackers initially shared Multiple cryptocurrency wallet addresses Before deleting them.
Soon after, they claimed the launch was postponed and provided a new wallet address, raising suspicion.
“This claim by the Myanmar government has been hacked. Several CAS were discarded and deleted, and a space was announced that it would then be deleted after 3 minutes,” one user Write On X.
Meanwhile, market observers question whether a military-led government can successfully launch cryptocurrency. They pointed out that such initiatives contradict the principle of decentralization.
One user pointed out that state-backed digital assets are often tools of financial control rather than innovation. Analysts also speculate that countries with economic sanctions may explore cryptocurrencies as a way to bypass traditional financial systems.
“Signal is a shift: more and more countries are exploring sanctions and rapid dependence with state-backed encryption, and from the earth, if effective, this is a test case that expects more isolated regimes to follow this with Innovation related blog statement.
Meanwhile, this attack on the leaders of the Myanmar government follows a broader pattern of cyber threats targeting politicians.
Earlier this month, Faustin-Archange Touadéra, President of the Central African Republic, An official meme coin called Car was introduced. The purpose of the token is to emphasize the country’s confidence in blockchain technology.
Although the initiative is legitimate, hackers use similar strategies to trick users by mistakenly linking government officials to fake token launches.
Just a few days ago, the scammer pretended Saudi Arabia’s Crown Prince Mohammed bin Salman Promote fraudulent cryptocurrencies.
In another case, anonymous hacker takes over previous X accounts Malaysian Prime Minister Mahathir Mohamad pushes for fake meme coins.
These events reveal disturbing hacking patterns Hijacking politicians’ social media accounts Promote fraudulent cryptocurrency programs. By leveraging their own identities, the scammers create false legality for fake tokens.
so scam Becoming more common, users must remain vigilant and verify the source before any token promotions associated with public figures.
Disclaimer
persist in Trust Project Guide Beincrypto is committed to impartial, transparent reporting. This news article is designed to provide accurate and timely information. However, readers are advised to independently verify the facts and consult a professional before making any decisions based on this content. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.
