Ethereum

SEC and Twitter Announce Investigation into Fake Bitcoin ETF

A single fake Twitter post has sparked chaos in both the cryptocurrency space and broader financial markets, with the Securities and Exchange Commission and Twitter itself investigating what happened.

“The SEC determined that an unknown party had unauthorized access to and activity on the @SECGov x.com account during a brief period shortly after 4:00 PM ET,” the commission said. decryption Late Tuesday. “The unauthorized access has been terminated.”

“The SEC will work with law enforcement and partners across government to investigate the matter and determine appropriate next steps related to unauthorized access and related misconduct,” the statement continued.

Meanwhile, according to cryptocurrency Twitter influencer Walter Bloomberg, this also applies to Twitter itself.

Despite many posters on his platform, Twitter owner Elon Musk has said nothing about the controversy, instead focusing on immigration, election integrity and “X’s Exclusive Show” with hosts Don Lemon, Jim Rome and Tulsi Gabbard. Yes. .

This is a developing story and will be updated as more information becomes available.

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