The United States Securities and Exchange Commission (SEC) has categorically denied that its staff had any part in the recent “unauthorized” tweet claiming that spot Bitcoin ETFs had been approved. Despite this, there are still some in the crypto community who believe otherwise.
On January 9, the official account of the SEC tweeted that it had granted approvals for Bitcoin ETFs to be listed on all registered national securities exchanges. However, this was later revealed to be false, according to statements from SEC chair Gary Gensler and the official SEC account.
While some pundits still believe the post was constructed by the SEC and accidentally sent out, others have scrutinized the “unauthorized” post, noting that the hashtags and the Bitcoin icon were out of place for the SEC. Another user pointed to the SEC’s use of the words “compromised” and “unauthorized” to suggest that the account had not been hacked.
The price of Bitcoin, which was at $46,058, experienced significant fluctuations in the dwindling hours of January 9 as the official account of the SEC posted a tweet claiming that spot Bitcoin ETFs had been approved.
A spokesperson from the SEC clarified to the media that the SEC staff played no role in publishing the false Bitcoin ETF tweet. “The SEC’s @SECGov account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff.” This is a developing story, and further information will be added 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 | United States Securities and Exchange Commission, Cointelegraph |
| Currencies | Bitcoin |
| Securities | None |
