Another lawmaker is pushing the Securities and Exchange Commission for more information about its security practices following the hack of its verified account on X.
The official X account belonging to the Securities and Exchange Commission was briefly “compromised,” the regulator said, after an apparently rogue post on X temporarily juiced bitcoin prices.
On Tuesday, the SEC’s official X account tweeted that bitcoin ETFs had been approved “for listing on all registered national securities exchanges.” The tweet included an official-looking graphic featuring a quote from SEC Chair Gary Gensler. However, Gensler himself quickly clarified from his X account that the post from @SECGov was the result of a "compromised” account.