Social network X (formerly Twitter) has revealed details of the hack of the U.S. Securities and Exchange Commission (SEC) account. According to the developers, the perpetrator gained access to the regulator's account through the phone number linked to it. ๐ต๏ธโโ๏ธ
On the night of January 9th to 10th, the official SEC account on social network X posted a message stating that the agency "approved Bitcoin ETF shares for listing on all registered national exchanges." ๐จ Shortly after, SEC Chairman Gary Gensler announced that the agency's account had been hacked, and the regulator did not approve the ETF launch. ๐ซ
After a preliminary investigation, the X security team reported that the SEC account was compromised because an unknown person gained access to the phone number linked to the account. Additionally, the SEC account did not have two-factor authentication enabled, allowing the hacker to post a fake message. ๐ฑ
Following the publication of the false message, the price of Bitcoin (BTC) sharply rose and quickly plummeted. BTC reached $47,857 on the Binance exchange paired with Tether USD (USDT) and then dropped to $44,545. As of 12:00 MSK on January 10th, Bitcoin is trading at $45,400, experiencing a 2.6% decrease in the past 24 hours, according to CoinGecko data. ๐๐
