Yesterday the Securities and Exchange Commission’s (SEC) X account was hijacked. The hijacker posted a fake report that the SEC had approved the long awaited spot bitcoin ETFs. Shortly afterwards, Chair Gary Gensler used his personal X account to tweet that it was fake news. Based on a post on the SECGov account acknowledging the account was compromised, control has been returned to the Commission.
X.com’s security team confirmed that the account was compromised. Its preliminary investigation pointed to someone getting control over a phone number associated with the @SECGov account.
“We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised,” the post states.
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