From Nasdaq:

The U.S. SEC is working with law enforcement, including the FBI, on a fake post on its X social media account that falsely claimed approval of bitcoin ETFs, causing market volatility. The agency disavowed the post, confirming that the account was compromised by an “unidentified individual” taking control of a phone number. The SEC spokesperson emphasized that the unauthorized content was not created by the SEC.



Read more: US SEC, FBI join probe into watchdog’s fake X social media post