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Wednesday, July 3, 2024
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HomeNewsSEC’s X account hacked, sharing ‘unauthorized tweet’ concerning spot bitcoin ETF
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SEC’s X account hacked, sharing ‘unauthorized tweet’ concerning spot bitcoin ETF

The company has ‘not authorised’ the itemizing and buying and selling of spot bitcoin ETFs, chair Gary Gensler says

The U.S. Securities and Change Fee’s X account has been hacked, a spokesperson confirmed with crypto-news on Tuesday afternoon.

“The SEC’s @SECGov X/Twitter account has been compromised. The unauthorized tweet concerning bitcoin ETFs was not made by the SEC or its workers,” the spokesperson mentioned. An analogous assertion was shared shortly after on the media platform.

The publish, proven in a screenshot beneath, was up for about half-hour, inflicting plenty of information shops and on-line personalities to report that the SEC granted approval for the extremely anticipated spot bitcoin ETFs. The unauthorized publish has since been deleted.

The SEC's hacked account post on bitcoin spot ETF

Round 4:30 p.m. EST, SEC Chair Gary Gensler tweeted, “The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not authorised the itemizing and buying and selling of spot bitcoin exchange-traded merchandise.”

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After the faux publish went out, Bitcoin’s value spiked close to $48,000 however has since fallen to round $45,700, in response to CoinMarketCap knowledge.

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