The SEC's official Twitter account was hacked, leading to a false tweet about the approval of Bitcoin ETFs.

The Securities and Exchange Commission (SEC) has confirmed that its official Twitter account was hacked. The account was compromised after an unidentified individual obtained control of the phone number linked to the account handle, exploiting the absence of two-factor authentication. The breach led to a tweet that falsely signaled the approval of Bitcoin ETFs across all registered national securities exchanges, prompting a retraction from SEC Chair Gary Gensler and the commission itself.

January 09, 2024
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