SEC Says Its X Account Was Compromised to Falsely Say Bitcoin ETFs Approved ...Middle East

(Bloomberg)—The US Securities and Exchange Commission said it had not yet granted approval of spot-Bitcoin exchange traded funds, despite a post on X that appeared from the regulator’s official account. The post, which included a fake comment purporting to be from SEC Chair Gary Gensler, briefly fueled a jump in the price of Bitcoin. Traders have been speculating for weeks that the agency could approve several of the products as soon as Wednesday.  [time-brightcove not-tgx=”true”] Gensler said from his X account that the post was a fake and that the agency hadn’t taken action. The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has n

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