The fraudulent account, using President Muizzu’s name and photo, falsely claims that Maldives had introduced a cryptocurrency which is a major step in advancing "digital culture."
A cryptocurrency scam has been circulating on social media through a fake account created under the name of President Dr Mohamed Muizzu.
The fraudulent account, using President Muizzu’s name and photo, falsely claims that Maldives had introduced a cryptocurrency which is a major step in advancing "digital culture."
Posts from the account have been widely shared, with screenshots showing the "grey verification" badge that X assigns to state officials.
🚨 SCAM ALERT 🚨
— TheNewsCrypto (@The_NewsCrypto) February 10, 2025
🚫 The President of Maldives DID NOT launch the #MLDVS token! This is a fake account impersonating the Maldives president.
👀 Stay vigilant – the real account is @MMuizzu.
Don’t get caught by scam tokens! 🚫
#CryptoScams #Maldives #StaySafe #CryptoAwareness… pic.twitter.com/p3IuIYT961
An account named "TheNewsCrypto" flagged the posts as a scam, clarifying that the Maldives has not launched any cryptocurrency token. The post also urged people to be cautious and tagged President Muizzu’s official account.
The government has yet to comment on the matter.
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