Peru's Economy Ministry X Account Hacked, Fake $HYLO Token Promoted

Peru's Economy Ministry official X account was hacked, leading to multiple posts promoting a fake virtual asset token '$HYLO'. CryptoBriefing reported that the ministry alerted users about the account compromise and activated security protocols. The posts instructed users to check their token allocation and claim them, claiming trading and billing would begin on September 25. The posts were later deleted.

The incident highlights vulnerabilities in government social media accounts and the risks of fraud exploiting such weaknesses.