The security team of the social network X (formerly Twitter) has revealed details of the hacking of the US Securities and Exchange Commission (SEC) account. By message developers, the attacker gained access to the regulator’s account through a phone number linked to this account, writes RBC Crypto.
On the night of January 9-10, a post appeared on the SEC’s official social media account X, stating that the agency “has approved Bitcoin ETF shares for listing on all registered national exchanges.” A few minutes later, SEC Chairman Gary Gensler announced that the agency's account had been hacked and the regulator had not approved the launch of the ETF.
After a preliminary investigation, Security X reported that the SEC account was hacked because an unknown person had access to the phone number associated with the account. At the same time, two-factor authentication was not enabled in the SEC account, which allowed the attacker to post a fake message.
After the publication of the false message, the price of Bitcoin (BTC) rose sharply and just as quickly collapsed. The BTC rate rose to $47,857 on the Binance exchange paired with the stablecoin Tether USD (USDT), and then collapsed to $44,545. On January 10, Bitcoin was trading at $45.4 thousand, per day it fell by 2.6%, according to CoinGecko .
Source: Cryptocurrency
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