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SEC's account compromise was 'not due to any breach of X's systems,' company says - TL;DR CNBC

SEC's account compromise was 'not due to any breach of X's systems,' company says

Publishing timestamp: 2024-01-10 10:09:14


Summary

X (formerly Twitter) completed a preliminary probe into the compromised Twitter account of the U.S. Securities and Exchange Commission (SEC), which displayed a false post about the approval of bitcoin ETFs. The compromise was not due to a breach of X's systems, but rather an unidentified individual obtaining control over the phone number associated with the SEC's account. The SEC clarified that it had not yet approved bitcoin ETFs, causing the price of bitcoin to fall. The market is anticipating the SEC's decision on the bitcoin ETF this week.


Sentiment: MIXED

Tickers: COIN

Keywords: cryptocurrencybusiness newsbreaking news: technologytechnologycoinbase global incsocial mediabitcoinasia news

Source: https://www.cnbc.com/2024/01/10/secs-compromised-account-was-not-due-to-breach-of-xs-systems-company-says.html


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