"SEC's Compromised X Account and the Impact on Bitcoin ETF Approval"

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Source: WIRED
"SEC's Compromised X Account and the Impact on Bitcoin ETF Approval"
Photo: WIRED
TL;DR Summary

The official Twitter account of the United States Securities and Exchange Commission (SEC) was compromised, leading to the publication of an unauthorized post about the regulatory status of Bitcoin ETFs, including a fake quote from SEC chair Gary Gensler. The fake post briefly spiked Bitcoin's value before being deleted. This incident, along with previous high-profile compromises, has raised concerns about Twitter's security and the potential impact on public trust in official statements. US senator Bill Hagerty called for a congressional investigation into the incident, while Elon Musk made a lighthearted comment about the SEC's security in response to a related post.

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