SEC: No System Hacking Evidence In Account X Theft Incident

The SEC confirmed that the hacking of the X account did not affect their system. (photoL x @sec)

The United States Securities and Exchange Commission (SEC) on Friday stated that there was no evidence to suggest that the violation of its X account earlier this week also involved violations of systems, devices, data, or other social media accounts from the institution.

On Tuesday, January 9, false posts stated that the SEC had approved bitcoin exchange managed fund trading (ETF), prompting industry executives to seek information. The price of bitcoin is moving ups and downs ahead of the announcement expected on Wednesday by the agency regarding the product trading license.

"While SEC staff are still assessing the scope of this incident, there is currently no evidence that unauthorized parties have access to SEC systems, data, devices, or other social media accounts," the SEC said in a statement.

The SEC quickly denied and deleted the fake post. X, who was previously Twitter, later said the account was hacked because it was an "unknown individual" who controlled the phone number.

The SEC then approved the bitcoin ETF on Wednesday, January 10.

The SEC said the United States Cybersecurity Security and Infrastructure Agency had joined the FBI and SEC inspector generals in investigating the hack.