"SEC Warns Against Fake Bitcoin ETF Approval Amid BlackRock Outperformance"

1 min read
Source: CoinDesk
"SEC Warns Against Fake Bitcoin ETF Approval Amid BlackRock Outperformance"
Photo: CoinDesk
TL;DR Summary

The U.S. Securities and Exchange Commission issued a statement regarding the hack of its X account, which led to a fake announcement about the approval of a spot bitcoin exchange-traded fund. The unauthorized party gained access to the account and made the false announcement, but there is no evidence of access to SEC systems or data. The SEC is assessing the impact of the incident and coordinating with law enforcement and oversight entities for investigations. The Commission emphasized that its actions are made public on its website and not through social media channels.

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