"Threat Actors Hacked the X Account of the Securities and Exchange Commission (SEC) and Announced Fake Bitcoin ETF Approval"
"Threat Actors Hacked the X Account of the Securities and Exchange Commission (SEC) and Announced Fake Bitcoin ETF Approval"
Hackers took over the US Securities and Exchange Commission's (SEC) X account and used it to spread false information regarding the approval of Bitcoin ETFs on security exchanges. According to the now-removed message, the SEC granted approval to Bitcoin ETFs for listing on registered national security exchanges. The news immediately impacted the cryptocurrency industry, with Bitcoin briefly reaching $48,000 before dropping to around $45,000 following the SEC's denial.