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SEC Reveals SIM Swap Attack Behind Bitcoin Post and X Account Hack

1 min read
Source: Financial Times
TL;DR

The SEC has revealed that a false press release about a major retailer accepting bitcoin was issued after the perpetrator fraudulently switched the company's phone number. This incident highlights the potential risks associated with false information in the cryptocurrency space and the need for robust regulation to prevent such fraudulent activities.

Topics:businesscryptocurrency-regulation#bitcoin#cryptocurrency-regulation#false-information#phone-number#regulation#sec
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  1. SEC says false bitcoin post came after phone number was switched  Financial Times
  2. New details emerge about SEC's X account hack, including SIM swap  CNBC
  3. SEC blames 'SIM swap' attack for compromising X account ahead of ETF approval  Yahoo Finance
  4. SEC says hackers hijacked an agency phone number in X hack  Axios
  5. SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In  CoinDesk

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