SEC to investigate itself after false Bitcoin ETF approval post on X

Yesterday was looking like a quiet day ahead of the U.S. SEC’s anticipated Jan. 10 decision deadline for approving the first spot Bitcoin ETFs in the United States. That was until the SEC’s X account posted an official-looking announcement that the ETFs had been approved. A few minutes later, SEC Chair Gary Gensler posted from his X account, saying the SEC’s X account had been compromised and the announcement was fake. For a full low-down on this debacle, we’ve dedicated an entire episode to yesterday’s SEC whoopsie!Further reading:Gary Gensler reports SEC X account ‘compromised’ — No spot Bitcoin ETF approval yetBitcoin ETF’s false start: Hack or fat-fingered SEC intern?Lawyers, politicians call for investigation of SEC over Bitcoin ETF postBitcoin ETF decision unlikely to be delayed due to SEC hack — CommentatorsSEC did not have 2FA enabled: X safety team on fake Bitcoin ETF postSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.