SEC Assertion on the Hack of Its X Account and the Ensuing Faux Bitcoin ETF Approval Announcement

by Jeremy

Primarily based on present info, workers understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized celebration gained entry to the @SECGov X.com account by acquiring management over the telephone quantity related to the account. The unauthorized celebration made one submit at 4:11 pm ET purporting to announce the Fee’s approval of spot bitcoin exchange-traded funds, in addition to a second submit roughly two minutes later that stated “$BTC.” The unauthorized celebration subsequently deleted the second submit, however not the primary. Utilizing the @SECGov account, the unauthorized celebration additionally preferred two posts by non-SEC accounts. Whereas SEC workers continues to be assessing the scope of the incident, there may be at present no proof that the unauthorized celebration gained entry to SEC techniques, knowledge, units, or different social media accounts.

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