Hackers Steal The Twitter Of Sweden’s Social Democrats Party To Publish Fake Bitcoin News

Hackers Steal The Twitter Of Sweden’s Ruling Party To Publish Bitcoin Fake News

Some people go too far when it comes to pumping Bitcoin. A group of hackers has decided to hack the social media accounts of the ruling political party of Sweden in order to publish fake news that could make the price of BTC go up.

The Social Democrats, the party which leads the government, has been taken over by a hacker. During the time in which the account was compromised, the hacker decided to declare that Bitcoin had become the national currency of the country.

You could read the fake tweet which said that the national fiat currency, the Swedish krona, was replaced with Bitcoin and that it was the time to buy it. They also changed the name of the account from Social Democrats to Bitcoin Democrats. The hacker even included the logo of Bitcoin to the logo of the party.

The team also used the opportunity to affirm that cannabis had become legalized in the country and that the current Prime Minister had resigned from his job. The hackers also took the opportunity to make anti-immigrant tweets.

The Party Eventually Got Its Account Back

It took some time, but the party was finally able to resume control of the hacked Twitter account. The social media team deleted all the tweets created by the hackers and publicly talked about the occurrence.

Nobody actually knows whether the attempt to impact the price of Bitcoin was effective or not (though it probably wasn’t). Bitcoin remained largely stable during the event.

However, it should be noted that the hijacking of the account did not last so much time and that the company only had a total of 84,000 followers. There wasn’t enough public and enough time to actually impact prices.

At the time, there is a debate going on whether the hackers just wanted to embarrass the party or if they really did try to pump the price of BTC.

The main reason why some people believe that the criminals were not exactly trying to scam people (despite their obvious criminal intentions) is that they did not ask for any money. Hackers generally ask for people to donate some money to them first and then they would allegedly send more money to the victims later, which never actually happens.