Jair Messias Bolsonaro Brazil Token Launch Via Twitter/X

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Jair Bolsonaro Homepage

Jair Bolsonaro, the former president of Brazil, had his official X (formerly Twitter) account hacked, with the hackers promoting a fake cryptocurrency called $BRAZIL, which quickly surged in value, drawing attention for its fraudulent nature. The posts, which celebrated the coin as a symbol of pride and freedom for Brazil, were taken down after the scammers profited over $1.3 million. Bolsonaro’s sons issued warnings about the scam, and the account was later recovered. Bolsonaro expressed gratitude for the swift response from the X team and reaffirmed the importance of freedom of expression and dialogue.[1][2][3][4][5][6][7][8][9][10][11][12][13]

About Jair Bolsonaro

Jair Bolsonaro is a Brazilian politician and retired military officer who served as the 38th president of Brazil from 2019 to 2023. A member of the Brazilian Army from 1973 to 1988, he entered politics in 1988 and served in the Chamber of Deputies for nearly three decades. As president, Bolsonaro was known for his far-right views, supporting conservative policies on issues like same-sex marriage and abortion while advocating for economic liberalism. His presidency was marked by controversial stances, including his handling of the COVID-19 pandemic, which drew significant criticism. Bolsonaro lost the 2022 election to Luiz Inácio Lula da Silva, and after leaving office, he faced allegations of attempting a coup and was charged with multiple crimes.

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

  • When the service was actually started (if different than the "official story").
  • Who actually ran a service and their own personal history.
  • How the service was structured behind the scenes. (For example, there was no "trading bot".)
  • Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

Jair Bolsonaro's X account was hacked, and suspicious posts promoting a memecoin were made before the account was recovered.

Key Event Timeline - Jair Messias Bolsonaro Brazil Token Launch Via Twitter/X
Date Event Description
January 23rd, 2025 7:14:00 PM MST Carlos Bolsonaro Tweet Post Jair's son, Carlos Bolsonaro, also a city councillor in Rio De Janiero, posts a warning about Jair's account being hacked. He notes that the process of recovering the account has now begun.
January 24th, 2025 4:29:28 AM MST ODaily News Article ODaily reports that the X account of former Brazilian President Jair Messias Bolsonaro was hacked and used to post a token contract, which has since been deleted. The token experienced a 65.4% drop in value within an hour, and users are advised to be cautious of potential risks.
January 24th, 2025 8:29:00 AM MST Jair Bolsano Tweets Recovery Jair Bolsonaro tweets that he is grateful to the X team in Brazil for their prompt response in recovering his account. He confirms that the account has been restored, allowing him to resume his daily routine and interactions. He emphasizes the importance of an environment based on freedom of expression and open dialogue, where ideas and opinions can always be shared. Bolsonaro concludes by expressing his appreciation and availability to everyone.
January 24th, 2025 3:49:37 PM MST BeInCrypto Article Published BeInCrypto reports that scammers hacked the social media account of former Brazilian President Jair Bolsonaro to promote a fraudulent meme coin, BRAZIL, which saw a massive 10,000% surge in minutes, earning the scammers over $1.3 million. Despite Bolsonaro's limited involvement in the crypto world, scammers are increasingly targeting political figures for such schemes. The rise of political meme coins is a concerning trend in the crypto space, with scammers exploiting newcomers, damaging the industry's reputation.
January 30th, 2025 5:24:31 PM MST Second Account Hack Reported A second hack is reported on Reddit, where former Brazilian President Jair Bolsonaro's Twitter account was compromised again. This time, hackers used the account to promote a suspicious cryptocurrency. The post, which claimed the "Brazil" coin symbolized national pride and freedom, raised doubts due to its misspelling of "Brazil" with a "Z," a common foreign alteration. Many Reddit users speculate that the hack might be a cover for a pump-and-dump scam, drawing parallels to similar incidents involving other high-profile figures like Donald Trump.
January 30th, 2025 5:36:28 PM MST Bitcoinsensus Article Published Bitcoinsensus reports that former Brazilian President Jair Bolsonaro's Twitter account was hacked twice in one week to promote a suspicious memecoin, "$BRAZIL." The hackers used his account, which has over 13 million followers, to advertise the coin, raising suspicion due to the misspelled name, as "Brazil" is typically spelled with an "S" in Portuguese. This incident is part of a rising trend of high-profile Twitter account hacks aimed at promoting scam cryptocurrencies. The Brazilian entrepreneur Fabio Wajngarten has called for an investigation, arguing the attack undermines democratic principles in Brazilian politics.

Technical Details

The original post on hacked Twitter read:

"A CRIPTOMOEDA DA LIBERDADE CHEGOU! Diga NÃO à censura! Apresentamos o $BRAZIL, a moeda que simboliza o orgulho, a liberdade e a força do povo brasileiro! 6kun47qhXLQNF3hWXaxnkYmPTYhkdA6eFySpcx2epump Junte-se à revolução financeira e fortaleça a soberania do Brasil!"

Translated to English:

"The FREEDOM CRYPTOCURRENCY HAS ARRIVED! Say NO to censorship! We present $BRAZIL, the currency that symbolizes the pride, freedom, and strength of the Brazilian people! 6kun47qhXLQNF3hWXaxnkYmPTYhkdA6eFySpcx2epump Join the financial revolution and strengthen Brazil's sovereignty!"

Another post was found:

"A MAIS NOVA CRYPTO OFICIAL DO BRASIL ESTÁ AQUI! Chegou a hora de celebrar o nosso país como nunca antes! Estou lançando o $BRAZIL, a moeda que representa o orgulho, a liberdade e a força do povo brasileiro! 6kun47qhXLQNF3hWXaxnkYmPTYhk dA6eFySpcx2epum"

Translated to English:

"The newest official crypto of Brazil is here! It's time to celebrate our country like never before! I am launching $BRAZIL, the coin that represents the pride, freedom, and strength of the Brazilian people! 6kun47qhXLQNF3hWXaxnkYmPTYhk dA6eFySpcx2epum"

Total Amount Lost

It was reported that the hackers profited by $1.3m.

The total amount lost has been estimated at $1,300,000 USD.

Immediate Reactions

How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

Ultimate Outcome

"The post was soon taken down, but the scammers nonetheless accumulated over $1.3 million. This follows a dark trend for political meme coins that emerged throughout the week."

"Bolsonaro's official account on X (formerly Twitter) has been hacked, and they released a cryptocurrency called 'BRAZIL', which surged +10,000% in just a few minutes! Be careful, don't buy. It's a scam, and Bolsonaro's sons have warned about this on their official accounts," Berman stated.

"- We thank the X team in Brazil for their prompt response to our call.

- We inform you that the account has been properly recovered, allowing us to resume our daily routine and interaction with everyone.

- We recognize the importance of an environment based on freedom of expression and open dialogue, where ideas and opinions can always be discussed.

- We appreciate your attention and remain at everyone's disposal!"

Total Amount Recovered

There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.

References