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The SEC’s X account was hijacked to post a fake approval of Bitcoin ETFs
Image: Nick Barclay / The Verge
The Securities and Exchange Commission’s official social media account on X (formerly Twitter) posted a notice on Tuesday evening claiming it had approved listings for Bitcoin exchange-traded funds‚ or ETFs‚ which has since been deleted. Moments later‚ SEC Chair Gary Gensler said in a post on his own account that the agency’s account was “compromised‚ and an unauthorized tweet was posted.”
The SEC followed up with a post reiterating Gensler’s statement about the hack‚ and a spokesperson from the agency confirmed that statement to CNBC.
The post from the SEC’s account said‚ “Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities. The approved Bitcoin ETFs will be subject to ongoing surveillance...
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