SEC Says Its X Account Was ‘Compromised’ After Hacker Posts False Approval of Bitcoin ETFs

A social media account belonging to the U.S. Securities and Exchange Commission (SEC) was “compromised” this week, the agency has said, after it appeared to approve exchange-traded funds (ETFs) holding Bitcoin.

The agency said its official account on Elon Musk’s X platform, formerly known as Twitter, was breached on Jan. 9 and that it had not approved Bitcoin ETF applications, contrary to a previous post stating that it had.

“The @SECGov X account was compromised, and an unauthorized post was posted,” the agency wrote. “The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”

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