![SEC's X account hacked, sharing 'unauthorized tweet' regarding spot bitcoin ETF](https://hycys04.com/wp-content/uploads/2024/01/1704847523_SECs-X-account-hacked-sharing-unauthorized-tweet-regarding-spot-bitcoin.jpg)
SEC’s X account hacked, sharing ‘unauthorized tweet’ regarding spot bitcoin ETF
The agency has ‘not approved’ the listing and trading of spot bitcoin ETFs, chair Gary Gensler says
![](https://hycys04.com/wp-content/uploads/2024/01/SECs-X-account-hacked-sharing-unauthorized-tweet-regarding-spot-bitcoin.jpg)
The U.S. Securities and Exchange Commission’s X account has been hacked, a spokesperson confirmed with TechCrunch on Tuesday afternoon.
“The SEC’s @SECGov X/Twitter account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff,” the spokesperson said. A similar statement was shared shortly after on the media platform.
The post, shown in a screenshot below, was up for about 30 minutes, causing a number of news outlets and online personalities to report that the SEC granted approval for the highly anticipated spot bitcoin ETFs. The unauthorized post has since been deleted.
Around 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 approved the listing and trading of spot bitcoin exchange-traded products.”
After the fake post went out, Bitcoin’s price spiked near $48,000 but has since fallen to around $45,700, according to CoinMarketCap data.
More Stories
Silicon Valley shaken as open-source AI models Llama 3.1 and Mistral Large 2 match industry leaders
[ad_1] Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More...
Crypto AI Token RENDER Soars 15.6% After Rebrand, Can It Hit $10?
[ad_1] Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the...
Grok chatbot trains on X user data in ‘very likely’ breach of EU law
[ad_1] Elon Musk could have yet another problem with the European Union. Musk’s X has enabled the Grok chatbot to...
Bitcoin Supply Drop Signals Bullish Price Movement, Analyst Says
[ad_1] After its latest halving event, Bitcoin sent a positive signal throughout the crypto market. Historically, this big drop in...
Paris Olympics app ‘prime target for cybercriminals’
[ad_1] The Paris Olympics 2024 kicked off today. But as the City of Light opens its gates to millions of...
AI training costs are growing exponentially — IBM says quantum computing could be a solution
[ad_1] Earlier this month, the Wall Street Journal reported that a third of nuclear power plants are in talks with...