👉👉👉 #SEC Statement on the Hack of Its X Account and the Resulting Fake #BitcoinETF💰💰💰 Approval Announcement
In response to the unauthorized access and hacking of its @SECGov X.com account, the U.S. Securities and Exchange Commission (SEC) issued a statement on the incident. The SEC reported that on January 9, 2024, shortly after 4:00 pm ET, an unauthorized party gained control of the @SECGov X.com account by compromising the associated phone number. The intruder posted a fake announcement at 4:11 pm ET, falsely claiming the Commission's approval of spot bitcoin exchange-traded funds, followed by another post saying "$BTC." The second post was deleted, but the first one remained. The unauthorized party also liked two posts from non-SEC accounts.
Upon discovering the breach, the SEC took swift action. The Office of Public Affairs posted on the official @garygensler X.com account at 4:26 pm ET, alerting the public to the compromise, the false announcement, and clarifying that the SEC had not approved spot bitcoin exchange-traded products. The SEC staff deleted the unauthorized post, un-liked the two external posts, and, by 4:42 pm ET, made a new post on @SECGov confirming the account compromise. The SEC contacted X.com for assistance in terminating the unauthorized access, and based on current information, the unauthorized access was terminated between 4:40 pm ET and 5:30 pm ET.
The SEC is evaluating the #CyberSecurity incident's impact on the agency, investors, and the marketplace. Although no evidence suggests unauthorized access to SEC systems or data, concerns about social media account security are acknowledged. SEC staff is collaborating with law enforcement, including the Office of Inspector General, FBI, and DHS's Cybersecurity and Infrastructure Security Agency. Updates will be provided, emphasizing official announcements on the SEC website, not through social media.
Source - coindesk.com