The SEC’s X Account Was ‘Compromised,’ Sent an ‘Unauthorized’ Bitcoin Post
The U.S. Securities and Exchange Commission (SEC) said on X on Tuesday that its account was “compromised,” and it sent out an “unauthorized post” about bitcoin exchange-traded funds (ETFs).
The @SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
— U.S. Securities and Exchange Commission (@SECGov) January 9, 2024
The post in question has since been deleted, but it said the SEC approved bitcoin ETFs for trading and briefly caused the price of bitcoin to hit $47,897 before lowering to around $45,000,