"SEC's Fake Bitcoin Post Linked to SIM-Swapping Attack"

The Securities and Exchange Commission revealed that a SIM-swapping attack was responsible for the breach of its account, leading to the creation of a fake post about Bitcoin ETF approval. The attacker gained control of the SEC's phone number associated with the account, allowing them to reset the account's password and make the fake post. Despite previously having multifactor authentication enabled, it was disabled due to access issues, and only reenabled after the breach was discovered. Law enforcement is investigating how the attacker obtained the SEC's phone number and convinced the mobile carrier to swap SIMs.