SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement

Based mostly on present data, workers understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized get together gained entry to the @SECGov X.com account by acquiring management over the cellphone quantity related to the account. The unauthorized get together made one put up at 4:11 pm ET purporting to announce the Fee’s approval of spot bitcoin exchange-traded funds, in addition to a second put up roughly two minutes later that mentioned “$BTC.” The unauthorized get together subsequently deleted the second put up, however not the primary. Utilizing the @SECGov account, the unauthorized get together additionally favored two posts by non-SEC accounts. Whereas SEC workers continues to be assessing the scope of the incident, there’s at present no proof that the unauthorized get together gained entry to SEC programs, knowledge, gadgets, or different social media accounts.