SEC denies approval of Bitcoin ETF – Kommersant
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US Securities and Exchange Commission (SEC) refuted message about the approval of spot exchange-traded funds trading Bitcoin. The regulator said that the message that appeared the day before in X was published by hackers who gained unauthorized access to the official SEC account.
“The SEC account on X was hacked and an unauthorized post was made. The SEC has not approved the listing and trading of Bitcoin-related spot ETFs,” the regulator said in a statement.
In a separate statement, the commission said it was cooperating with law enforcement as part of its investigation into the incident. At the same time, X has already stated that the SEC account had two-factor authentication disabled, and the attacker gained access to the account by gaining control of the phone number associated with the account.
Amid the announcement of the approval of spot exchange-traded funds linked to Bitcoin, the cryptocurrency itself rose in price to almost $48 thousand. The last time BTC traded so high was in December 2021. But as soon as it became known that the X post was published by hackers, the price of Bitcoin dropped below $46 thousand.
Read more about the situation on the cryptocurrency market pending ETF approval in the material “Bitcoin has gone to the SEC”.
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