SEC's X account hacked, sharing 'unauthorized tweet' regarding spot bitcoin ETF | TechCrunch

The agency has “not approved” the listing and trading of spot bitcoin ETFs, chair Gary Gensler says

The U.S. Securities and Exchange Commission’s X account has been hacked, a spokesperson confirmed with TechCrunch on Tuesday afternoon.

“The SEC’s @SECGov X/Twitter account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff,” the spokesperson said. A similar statement was shared shortly after on the media platform.

The post, which is screenshoted below, was up for about 30 minutes causing a number of news outlets and online personalities alike to report that the SEC granted approval for the highly anticipated bitcoin spot ETFs (TechCrunch did not report this without confirmation.) The unauthorized post has since been deleted.

Around 4:30 pm EST, the SEC Chair Gary Gensler tweeted “The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”

This is a developing story and will be updated as needed.