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SEC and FBI Investigate Unauthorized Bitcoin ETF Approval Tweet

  1. Home
  2. Bobs-News Categories Cryptocurrency Regulations
  3. SEC and FBI Investigate Unauthorized Bitcoin ETF Approval Tweet
  • bob
  • 2024-01-10
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • North America
  • Regulatory Developments

The United States Securities and Exchange Commission (SEC) has announced that it is working in conjunction with the Federal Bureau of Investigation (FBI) to probe a tweet that was issued from its X account on January 9.

In a statement released on January 10, the SEC clarified that the tweet from January 9, which claimed that the commission had given the green light to spot Bitcoin BTC $45,942 exchange-traded funds in the United States, was “unauthorized” and was not “drafted or created” by officials from the SEC. The SEC’s chair, Gary Gensler, published an X post in which he stated that the official SEC account had been “compromised” by an unidentified party.

The SEC has stated that it intends to investigate the tweet in collaboration with the FBI and the commission’s Office of the Inspector General. The commission has issued a warning to the public, stating that any filing that approves a rule change that would permit the listing and trading of a spot Bitcoin ETF would be published on its website.

This is an ongoing story, and more information will be provided as it becomes available.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography North America
Countries 🇺🇸
Sentiment negative
Relevance Score 1
People Gary Gensler
Companies Federal Bureau of Investigation, United States Securities and Exchange Commission
Currencies Bitcoin
Securities None

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