Hacked SEC X account posts false ETF announcement
On January 9, 2024, the US Securities and Exchange Commission's X account was hacked and a false post announcing approval of spot Bitcoin ETFs was published, causing Bitcoin's price to swing sharply. The SEC denied the approval, and the FBI launched an investigation. A SIM-swapping attack was later confirmed, and a man involved in the incident pleaded guilty and was sentenced to prison.
Key facts
- Affected organization
- US Securities and Exchange Commission (SEC)
- Incident type
- Hacking & intrusion
- Occurred / detected
- 2024-01-09
- Scale of damage
- X account takeover and false post causing sharp swings in Bitcoin's price
- Cause / method
- X account takeover via SIM swapping
- Location
- United States
Timeline
- A false post announcing approval of spot Bitcoin ETFs appeared on the SEC's X account.
- It was reported that the FBI was investigating the account hack.
- The SEC confirmed the account was hacked through SIM swapping.
- The arrest of an Alabama man in connection with the account hack was reported.
- The man involved in the incident pleaded guilty.
- It was reported that the man who took part in the attack had been sentenced to prison.
21 related reports
- SEC’s X account hacked, sharing ‘unauthorized tweet’ regarding spot bitcoin ETF
- A Hack of the S.E.C.’s Social Media Account Caused a Bitcoin Frenzy, Briefly (Published 2024)
- SEC says ‘compromised’ account to blame for tweet approving Bitcoin ETF
- Bitcoin Price Plummets Due to Hacked SEC Tweet
- US SEC’s X account hacked to announce fake Bitcoin ETF approval
- SEC account hack renews spotlight on X's security concerns
- SEC's Twitter account hacked to say Bitcoin ETFs approved. Politicians and lawyers demand investigation into security breach
- SEC X account hacked to hawk crypto-scams
- FBI is investigating the SEC hack after its fake bitcoin post | CNN Business
- SEC says X account was hacked as false post causes bitcoin price swings
- SEC X (Twitter) Account Hacked, Spreads Fake News About Bitcoin ETFs
- Who Hacked SEC X (Twitter) Account? Rumors Swirl Around ID of Pranksters Who Had Crypto World Buzzing
- US SEC denies bitcoin ETF has been approved, says account on X was hacked
- SEC's X Account Hack: What It Means for Spot Bitcoin ETF Approval
- Twitter says it’s not its fault the SEC’s account got hacked
- SEC confirms X account was hacked in SIM swapping attack
- New details emerge about SEC's X account hack, including SIM swap
- The SEC’s X account got hacked by a 25-year-old who went by ‘AGiantSchnauzer’ and got paid in Bitcoin, feds say
- Bitcoin Market Manipulation Leads to Arrest of Alabama Man in SEC Account Hack
- Man pleads guilty in hack of SEC's X account that claimed approval of bitcoin ETFs
- SEC Twitter hack: Man imprisoned for role in attack that caused Bitcoin's price to soar
Other incidents at US Securities and Exchange Commission (SEC)
SEC blames retail day traders for hack
The US Securities and Exchange Commission (SEC) was hacked. The commission named certain retail day traders as responsible for the incident.
Read on Bloomberg.com ↗
The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organization’s official statements for accurate details.