US SEC social media account was hacked and posted fake Bitcoin ETF approval

Tweets from official sources are “fake”

At around 6:10 a.m. Japan time on the 10th, a tweet was posted from the US SEC’s Twitter (X) account stating that it had approved the listing of a Bitcoin ETF, but it turned out to be a “fake.”

After the fake tweet, SEC Chairman Gary Gensler said on X: “The Twitter account was attacked and fraudulent tweets were posted. I have not approved it.”

The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.

— Gary Gensler (@GaryGensler) January 9, 2024

An SEC spokesperson also confirmed via email that Twitter had been hacked.

SEC SPOKESPERSON CONFIRMS VIA EMAIL THAT ITS TWITTER HAS BEEN COMPROMISED

“The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff.” pic.twitter.com/Sdq5VUUvA4

— Jacquelyn Melinek (@jacqmelinek) January 9, 2024

Bitcoin prices soared following the fake news of the approval, but have since fallen sharply.

Source: Binance

connection: U.S. SEC Chairman Gensler warns of caution in virtual currency investment as expectations rise for approval of BTC spot ETF

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