SEC and FBI Investigating Unauthorized Bitcoin ETF Approval Tweet
Summary:
The U.S. Securities and Exchange Commission (SEC) is collaborating with the Federal Bureau of Investigation (FBI) to examine an unauthorized tweet from its account, claiming the SEC approved spot Bitcoin exchange-traded funds. Issued by an anonymous entity, the SEC has cautioned the public that any sanctioned trade listing changes will be officially posted to their website. More details will be reported as the story develops.
The U.S. Securities and Exchange Commission (SEC) has revealed teamwork with the Federal Bureau of Investigation (FBI) in probing a tweet sent from its X account on Jan. 9. In a public call made on Jan. 10, they clarified that a tweet dated Jan. 9, which stated the SEC had sanctioned spot Bitcoin (BTC) exchange-traded funds in the United States, was not "authorized," nor "crafted or put together" by SEC personnel. Gary Gensler, SEC chair, divulged in an X post that the SEC’s legitimate account had been "breached" by an anonymous entity. The SEC has planned to pursue matters surrounding the tweet, working closely with the FBI and the commission’s Office of the Inspector General. The commission has cautioned the public, noting that any endorsed amendments that pave the way for the listing and trade of spot Bitcoin ETF would be made public via its official site. More details on this evolving issue will be provided as and when they emerge.
Published At
1/10/2024 11:39:46 PM
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