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The U.S. Securities and Alternate Fee (SEC) stated on X on Tuesday that its account was “compromised,” and it despatched out an “unauthorized put up” about bitcoin exchange-traded funds (ETFs).
The @SECGov X account was compromised, and an unauthorized put up was posted. The SEC has not authorized the itemizing and buying and selling of spot bitcoin exchange-traded merchandise.
— U.S. Securities and Alternate Fee (@SECGov) January 9, 2024
The put up in query has since been deleted, however it stated the SEC authorized bitcoin ETFs for buying and selling and briefly prompted the value of bitcoin to hit $47,897 earlier than reducing to round $45,000, per Markets Insider.
“The SEC’s @SECGov X/Twitter account has been compromised. The unauthorized tweet relating to bitcoin ETFs was not made by the SEC or its employees,” an SEC spokesperson told CNBC.
RELATED: Bitcoin Is Back. Here’s What’s Fueling the Surge.
An SEC spokesperson informed CNBC afterward Tuesday that an “unknown get together” had unauthorized entry to the SEC’s X account “for a short interval” simply after 4 p.m. ET.
A choice is anticipated on Wednesday. At the least a dozen asset managers, together with BlackRock and Constancy, have filed applications to create the funds.
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