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Thursday, February 29, 2024

SEC Assertion on the Hack of Its X Account and the Ensuing Pretend Bitcoin ETF Approval Announcement

Based mostly on present data, employees understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized social gathering gained entry to the @SECGov X.com account by acquiring management over the telephone quantity related to the account. The unauthorized social gathering made one put up at 4:11 pm ET purporting to announce the Fee’s approval of spot bitcoin exchange-traded funds, in addition to a second put up roughly two minutes later that mentioned “$BTC.” The unauthorized social gathering subsequently deleted the second put up, however not the primary. Utilizing the @SECGov account, the unauthorized social gathering additionally appreciated two posts by non-SEC accounts. Whereas SEC employees remains to be assessing the scope of the incident, there may be presently no proof that the unauthorized social gathering gained entry to SEC techniques, information, units, or different social media accounts.

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