February 06, 2025, 02:48 PM Looking for a new investment vehicle? Man, does former Malaysian Prime Minister Mahathir Mohamad have a deal for you! (He doesn’t, it's fake.) H4x0r3d again This is not the first time that an official Malaysian account has been hacked to promote cryptocurrency. The Rakyat Post reported in September 2024 that several X accounts had been hacked, including those of official Malaysian government bodies, such as the Employees Provident Fund and the Election Commission. On that occasion, it was also a Solana coin that was being promoted, but the hackers openly admitted that they were not affiliated with the account owners, saying brazenly that “THIS IS A HACKED ACCOUNT” and even calling the coin “$Hacked”. Mahathir for his part has previously denied that he uses any cryptocurrency. In 2021, Mahathir issued a statement that he would not encourage the use of cryptocurrency, referencing previous attempts to falsely claim that he was endorsing crypto coins. “I have never and will not be involved in any get rich quick scheme”, he was quoted by the Malay Mail as saying. Instead, he only used fiat currency or physical money. As good as gold Followers of Mahathir’s policy would know that cryptocurrency is an unlikely avenue for the former PM. Rather than embracing new forms of money, Mahathir once tried to propose a reversion to older forms of money. In 2019, he proposed that East Asian countries adopt a new regional currency, one that was not tied to the U.S. dollar, but instead tied to a gold standard, a practice that has not been common since the middle of the 20th century. Related story