SEC’s Spot Bitcoin ETF Approval Post Unauthorized — Chair Gary Gensler Says SEC’s X Account Was Compromised
The U.S. Securities and Exchange Commission (SEC)’s X account announced the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday. However, minutes later, SEC Chairman Gary Gensler claimed that the agency’s social media account was compromised and the post was unauthorized. Some suspect an internal SEC error behind the premature bitcoin ETF announcement. SEC’s ‘Unauthorized’…