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The SEC’s X Account Was Hacked and Falsely Announced The approval of Bitcoin Spot ETF

Mary Liu

Summary: On Tuesday afternoon, SEC Chairman Gary Gensler confirmed that the SEC’s Twitter account had been compromised, following false news that a Bitcoin spot ETF had been approved. The SEC tweeted that “SEC’s X account has been compromised and unauthorized posts have been made. The U.S. SEC has not approved the listing and trading of spot ...

On Tuesday afternoon, SEC Chairman Gary Gensler confirmed that the SEC’s Twitter account had been compromised, following false news that a Bitcoin spot ETF had been approved.

The SEC tweeted that “SEC’s X account has been compromised and unauthorized posts have been made. The U.S. SEC has not approved the listing and trading of spot Bitcoin ETF products.”

Bloomberg analyst Eric Balchunas said he preferred that SEC staff prepared a planned tweet but entered the wrong date because the wording was consistent with SEC style.

By Mary Liu

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