The hack of the Securities and Exchange Commission’s (SEC) account on X, the platform formerly known as Twitter, earlier this month was the result of a ‘SIM swap’ attack, an agency spokesperson said Tuesday. An “unauthorized party” used SIM swapping to obtain control of the phone number associated with the SEC’s X account and reset … Read more
Securities and Exchange Commission (SEC) Chair Gary Gensler is facing bipartisan political backlash after the agency’s social media account was hacked last week and falsely claimed it had approved several highly anticipated bitcoin investment funds. While the SEC ultimately approved the exchange-traded funds (ETFs) holding bitcoin about 24 hours later, the high-profile blunder for the … Read more
A bipartisan Senate duo is calling for the inspector general of the Securities and Exchange Commission (SEC) to open an investigation into the recent hack of the agency’s account on X, the platform formerly known as Twitter. Sens. Ron Wyden (D-Ore.) and Cynthia Lummis (R-Wyo.) urged SEC Inspector General Deborah Jeffrey in a letter on … Read more
