Senators in the US are demanding an SEC investigation into how account X was compromised.
Senate Finance Committee Chairman Senator Ron Wyden and Senator Cynthia Lummis, “The SEC’s apparent failure to follow cybersecurity best practices.” He wants an investigation to be launched against him.
From the SEC’s official X account on Tuesday With spot Bitcoin ETFs approved A related post was made. SEC Chairman Gary Gensler made a statement on his personal account in a short time and said that the SEC account was seized and sharing it’s not true announced.
The SEC officially approved spot Bitcoin ETFs the next day.
In the statement made by the According to the statement, in the SEC’s account two-step verification was not used.
Senators, “Beyond using multi-factor authentication (MFA), the organization should have been protecting its accounts with hardware tokens that are phishing-resistant and the gold standard in account cybersecurity.” said.
Wyden and Lummis expect to hear back about the SEC’s investigation by February 12 at the latest.