The SEC’s X Account Was Hijacked to Publish a False Spot Bitcoin ETF Approval

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Last Updated on January 10, 2024 by Bitfinsider

The Securities and Exchange Commission’s X account was used to publish a bogus spot bitcoin ETF approval.

“The @SECGov Twitter account was hacked, and an illegal tweet was sent. “The SEC has not approved the listing and trading of spot bitcoin exchange-traded products,” said SEC Chair Gary Gensler.

The account stated that the SEC has approved the listing of bitcoin ETFs on all registered securities exchanges, along with a picture of a quotation from Gensler.

“The SEC’s @SECGov X/Twitter account was hacked. The SEC or its personnel did not send the illegal tweet about bitcoin ETFs, according to an SEC representative.

This is one of the most well-publicized cases of an X account being hacked in regard to bitcoin.

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