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    <p>The Securities and Exchange Commission (SEC) says it has launched an investigation into Tuesday’s fake post approving bitcoin ETFs, together with the Federal Bureau of Investigations (FBI) and other law enforcement agencies.</p> 
    <p>A post made from the SEC’s official X (formerly Twitter) account claimed it had approved spot bitcoin ETFs — a much anticipated adoption which sent bitcoin’s price momentarily rocketing. Minutes later, however, the SEC said the post was fake and that its account had been “compromised,” which brought the price back down.</p> 
    <p>An investigation by X found that an “unidentified individual” had gained control of the SEC account’s associated phone number. The SEC now claims that <strong>the post’s text and image weren’t created or drafted by its staff</strong>.</p> 
    <p>The event caused controversy on X, with several crypto proponents accusing the <a rel="dofollow" title="SEC" href="https://thebittimes.com/tag/sec.html">SEC</a> of faking a hack to postpone a decision on <a rel="dofollow" title="bitcoin" href="https://thebittimes.com/tag/bitcoin.html">bitcoin</a> <a rel="dofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a>s.</p> 
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      <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
       <p lang="en" dir="ltr">The @SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.</p>— U.S. Securities and Exchange Commission (@SECGov) January 9, 2024
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      The SEC’s tweet minutes after the hacked post was deleted. 
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    <p><em>Read more:&nbsp;Crypto reacts to SEC’s dramatic spot bitcoin ETF approvals</em></p> 
    <p>Now, the <a rel="dofollow" title="SEC" href="https://thebittimes.com/tag/sec.html">SEC</a> appears intent on identifying the person(s) responsible. An <a rel="dofollow" title="SEC" href="https://thebittimes.com/tag/sec.html">SEC</a> spokesperson announced on Wednesday the coordinated investigation with the FBI and more, via an emailed statement to publishers.</p> 
    <p>The spokesperson claimed that the agency would share any appropriate investigation updates and that actions would appear on the Federal Register and its website.</p> 
    <p>The <a rel="dofollow" title="SEC" href="https://thebittimes.com/tag/sec.html">SEC</a> historically approved 11 <a rel="dofollow" title="bitcoin" href="https://thebittimes.com/tag/bitcoin.html">bitcoin</a> <a rel="dofollow" title="ETF" href="https://thebittimes.com/tag/etf.html">ETF</a>s the day after the fake post was made.</p> 
    <p><em>Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;</em><em>Instagram</em><em>,&nbsp;</em><em>Bluesky</em><em>, and&nbsp;</em><em>Google News</em><em>, or subscribe to our&nbsp;</em><em>YouTube</em><em>&nbsp;channel.</em></p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/fbi-wants-to-know-who-posted-the-fake-bitcoin-etf-announcement-tbt76287.html">https://thebittimes.com/fbi-wants-to-know-who-posted-the-fake-bitcoin-etf-announcement-tbt76287.html</a></p>

FBI wants to know who posted the fake bitcoin ETF announcement

TheBitTimes

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