SEC Twitter Account Hacked with False Bitcoin ETF Approval
The U.S. Securities and Exchange Commission (SEC) confirmed that its X account on Twitter was hacked, leading to the unauthorized release of a fake announcement about the approval of spot bitcoin ETFs.
- The misleading tweet caused brief confusion and a spike in Bitcoin's price, which corrected shortly after the truth surfaced.
- The SEC reaffirmed through its Chair, Gary Gensler, that no such product approvals have been made, emphasizing the importance of accurate information dissemination.