BIGG Digital Assets Inc BBKCF

SEC's X account compromised.

[stkstroker]

A highly anticipated decision by the U.S. Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday.

The SEC’s X account was compromised and a fake post claiming that the agency had green lit plans for the products fueled a brief surge in the price of the world’s biggest cryptocurrency. It also has sparked an investigation by U.S. authorities into how a social media account at Wall Street’s main regulator was compromised.

You have to question if this will throw a wrench into the ETF approval process.