The SECs @SECGov X/Twitter account has been compromised, an SEC spokesperson confirmed in an email Tuesday afternoon.
The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff.
An SEC spokesperson said that unauthorized access has been terminated but gave no further details.
SEC Chairman Gary GenslerPhoto: Nathan Howard/Bloomberg (Getty Images)
The@SECGovtwitter account was compromised, and an unauthorized tweet was posted.
The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
Alternatively, its possible that the SEC itself had low security on its X account.
The price of Bitcoin spiked and then plummeted on Tuesday afternoon.Screenshot: Google
The Commissiontweetedthis in October, which looks pretty silly now: Careful what you read on the internet.
The best source of information about the SEC is the SEC.
It seems even the SECs X account is not the best source of information about the SEC.
Hacked tweet from the SEC. The information here is false at the time of posting.Screenshot: X
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