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

Primarily based on present data, workers 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 cellphone quantity related to the account. The unauthorized social gathering made one publish at 4:11 pm ET purporting to announce the Fee’s approval of spot bitcoin exchange-traded funds, in addition to a second publish roughly two minutes later that mentioned “$BTC.” The unauthorized social gathering subsequently deleted the second publish, however not the primary. Utilizing the @SECGov account, the unauthorized social gathering additionally preferred two posts by non-SEC accounts. Whereas SEC workers continues to be assessing the scope of the incident, there may be at the moment no proof that the unauthorized social gathering gained entry to SEC programs, information, gadgets, or different social media accounts.