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SEC Social Media Hacked, Spreads False News on Bitcoin ETF Approval

SEC Social Media Hacked, Spreads False News on Bitcoin ETF Approval

BeInCryptoBeInCrypto2024/01/09 23:15
By:Ciaran Lyons

Gary Gensler, the chair of the SEC, reveals that the agency’s X (formerly Twitter) account was compromised, spreading false news about the approval of a spot Bitcoin exchange-traded fund (ETF).

“The SEC gov Twitter account was compromised, and an unauthorized tweet was posted,” Gensler posted.

Gensler Declares The Bitcoin ETF Announcement is False

On X, Gensler announced a compromise of the SEC’s social media account, alerting the significant following to the regulator’s approval of the spot Bitcoin ETF, a highly anticipated decision expected this week.

“The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”

This is a developing story, and more information will be added shortly.

 

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our  Terms and Conditions ,  Privacy Policy , and  Disclaimers  have been updated.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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