Cybersecurity
US SEC X account compromised to falsely say Bitcoin ETFs approved
The SEC said that there was unapproved activity on the @SECGov X account “by an unknown party for a brief period of time”
A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday.
The SEC’s X account was compromised and a fake post claiming that the agency had green lit plans for the products fuelled a brief surge in the price of the world’s biggest cryptocurrency. It also has sparked an investigation by US authorities into how a social media ...