SEC Confirms Security of Systems after Deceptive Bitcoin ETF Announcement

By: Isha Das

Following the recent breach of one of its social media accounts resulting in a counterfeit Bitcoin ETF approval announcement, the U.S. Securities and Exchange Commission (SEC) has confirmed that all other systems and devices are secure. The false announcement was swiftly identified and efforts are ongoing to tackle and prevent such cybercrime activities.

The SEC head offered an update on the developing investigation into the cyberattack, assuring that no other systems were compromised during the incident. Despite the deceptive tweet, all SEC's vital operations continue to remain unaffected. Regulatory authorities encourage the public to validate any seemingly official announcements directly from trustworthy sources, minimizing the damage caused by misinformation.