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India PM Says Crypto Can Empower Democracy Despite His Twitter Account Hack -Breaking

by Mike Robinson

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India PM: Crypto can empower democracy despite his Twitter account hack
  • According to India’s Prime Minister, crypto can be used for democracy.
  • This was said at a virtual summit hosted in virtual by US President Joe Biden.
  • Modi’s statement comes a few days after hackers compromised his Twitter (NYSE:) account for a scam.

India Prime Minister Modi said that no one should undermine cryptocurrency as it could be used to support democracy. According to Modi, democratizing crypto governance will allow it to run a country smoothly.

Modi delivered this remarkable statement at a virtual summit event hosted by Joe Biden.

Working together democracies will be able to meet citizens’ aspirations and preserve the democratic spirit of humankind.

Meanwhile, Modi’s proactive report comes a few days after hackers compromised his Twitter account for a Bitcoin scam activity. Hackers shared false information regarding redistribution 500 BTC in India and mainstream adoption.

Upon invading Modi’s account that has over 73.4 million followers, the hacker forcefully declared publicly that India has now legalized Bitcoin as a legal tender for all the to-and-fro of transactions as part of its native rupee. It happened at 4:45 PM ET.

Priya, a Twitter user was one of the first to announce the event.

The intruders made an illegal act by posting a link asking investors to register and claim their BTC. This is the second time that Modi’s Twitter account has been hacked for a crypto scam. At the moment, the Mod’s account has been secured safely by Twitter to prevent any further hack.

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