The SEC has revealed that a SIM swap attack was behind a false Bitcoin ETF approval announcement. The attacker reportedly gained control of a high-ranking official’s phone number and used it to spread false information. The incident highlights the ongoing security challenges facing the cryptocurrency industry. The SEC has launched an investigation into the incident and is working to improve its security measures. The incident serves as a reminder of the importance of strong cybersecurity practices in the cryptocurrency industry. It also underscores the potential for misinformation to impact cryptocurrency prices😱.
