Hack Letter from US Senators to SEC Chairman! “Fake Bitcoin ETF News is Unacceptable!”

Fake ETF news, BitcoinWhile the decline in ‘s and whether ETF approval will come today remain the main agenda topics of the cryptocurrency market, how the SEC’s X account was hacked continues to be discussed.

at this point SECWhile there has been much comment about the hacking of ‘s account and concerns about the SEC’s internal security procedures, two US senators SEC Chairman Gary GenslerHe wrote a letter to , asking him to explain the hacking incident.

US senators JD Vance and Thom Tillisasked the SEC to submit a report to Congress on how X accounts were hacked.

In their letter to Gensler, the senators stated that the hacking incident raised serious concerns about the SEC’s internal cyber security procedures and that they gave a deadline for the report on the incident to be submitted until January 23.

“This hacking incident experienced by the SEC is unacceptable.

These events raise serious concerns about the commission’s internal cyber security procedures.

“It is also contrary to the commission’s tripartite mission to protect investors, maintain fair, orderly and efficient markets, and facilitate capital formation.”

The letter also asked Gensler a few questions to answer. At this point the senators asked Gensler, “Whether X sharing was made by a person within the SEC; “Whether the security breach altered the SEC’s planned schedule for making a final decision on spot Bitcoin ETFs and whether the SEC intends to compensate for financial losses resulting from the erroneous ETF approval sharing.” asked.

SEC hacking and bugs Bitcoin While there was no other statement from Gensler after the ETF sharing, the SEC said in a statement last night that they had launched an investigation into the hacking incident and that they were conducting this investigation together with US law enforcement.

*This is not investment advice.