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The Securities and Exchange Commission has linked a SIM swapping attack to its account breach on X earlier this month, which led to the creation of a fake post announcing approval of Bitcoin ETFs that caused the cryptocurrency’s price to spike. In an update on Monday, the SEC says an “unauthorized party obtained control of … Read more
The U.S. Securities and Exchange Commission said on Monday that a SIM swap attack was to blame for the breach of its official account on X, formerly known as Twitter, earlier this month. On Jan. 9, an unauthorized party gained access to the @SECGov account and displayed a fake post claiming the agency had approved … Read more
This week, the United States Securities and Exchange Commission (SEC) suffered an embarrassing—and market-moving—breach in which a hacker gained access to its X social media account and published fake information about a highly anticipated SEC announcement related to bitcoin. The agency regained control of its account and deleted the post in under an hour, but … Read more
In their letter, Vance and Tillis set a deadline of January 23 for the SEC to elucidate its plans to investigate what happened, among other things. In a statement, the SEC said it will “work with law enforcement and our partners across government to investigate the matter and determine appropriate next steps relating to both … Read more
The X account belonging to the Securities and Exchange Commission was hacked on Tuesday, allowing a fake announcement to be posted to the web concerning a much-awaited happening in the crypto world: the first Bitcoin ETFs. The announcement claimed the ETFs had been approved but, as it turns out, that’s not true. When it became … Read more
INDIA – 2021/10/16: In this Photo illustration a Bitcoin logo seen displayed on a smartphone with an ETF(exchange traded fund) logo in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Social media X said late Tuesday it has completed a preliminary probe into the compromised … Read more
The official X account of the United States Securities and Exchange Commission (SEC) was “compromised” this afternoon, resulting in the publication of an “unauthorized” post, according to SEC Chairman Gary Gensler. The account, @SECGov, also said the account had been compromised. It is currently unclear what the nature of the “compromise” is. The SEC has … Read more
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Coinbase is asking a choose to dismiss the Securities and Alternate Fee’s lawsuit towards it. In a movement filed on Friday, Coinbase maintains that it doesn’t commerce securities, rendering the SEC’s arguments invalid. The SEC sued Coinbase in June, alleging that the crypto alternate broke securities legal guidelines by working as an unregistered dealer, alternate, … Read more
It’s no secret that the US Securities and Trade Fee has been investigating Binance, the world’s largest crypto alternate—which has no head workplace or formal deal with however processes $12 billion value of cryptocurrency transactions per day. However the cost sheet filed at present by the SEC within the District of Columbia accommodates a listing of 13 alleged violations of … Read more