A scandal is brewing in the US regarding a fake tweet from the Securities and Exchange Commission (SEC) related to Bitcoin ETF. Senators Ron Wyden and Cynthia Lummis have called on the SEC's Inspector General to initiate an investigation into the incident. They emphasize that such fraudulent actions can have a significant impact on the markets and demand transparency in the investigation.
On January 9, 2024, a message appeared on the social network X (formerly Twitter) claiming the approval of a spot Bitcoin exchange-traded fund, which caused a strong reaction. Senators criticize the SEC for inadequate cybersecurity measures, including the absence of multi-factor authentication at the time of the breach.
This incident has had a significant impact on the stability of the financial system and trust in public markets. Senators Wyden and Lummis demand that the SEC provide updated information on the investigation and measures taken by February 12, 2024.
Following the official approval of the listing of spot Bitcoin ETFs on January 10, the SEC announced its intention to investigate the hack and fake tweet in collaboration with the FBI and the Office of the Inspector General. Currently, it is unknown who is behind the publication of the fake message.
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