"SEC Blames SIM Swap Hack for Twitter Account Hijack"
"SEC Blames SIM Swap Hack for Twitter Account Hijack"
The US Securities and Exchange Commission (SEC) confirmed that a SIM swapping hack resulted in its X (Twitter) account getting hijacked. On January 9, hackers took control of the account and posted a false announcement claiming that the commission had approved Bitcoin futures Exchange-Traded Funds (ETFs). Due to the post, Bitcoin surged to a 19-month high before falling nearly 6 percent after SEC staff used Chair Gary Gensler's X account to reveal that the ETF announcement was false.