Category: SEC hack

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FBI Arrests Alabama Man in Connection With SEC X Account Hack That Spiked Bitcoin Prices

October 17, 2024

A man from Athens, Alabama, was arrested Thursday for his role in the January 2024 hack of the U.S. Securities and Exchange Commission’s X account. The hack led to a false announcement regarding bitcoin exchange-traded funds (ETFs), temporarily causing bitcoin prices to rise by $1,000. SEC X Account Hacker Has Been Arrested According to the…
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Bitcoin ETF Drama Reveals Post-Approval Price Trend: Experts

January 10, 2024

The Bitcoin market was swept into a frenzy following an alleged hack of the US Securities and Exchange Commission’s (SEC) X account, falsely claiming the approval of 11 spot ETFs. This misinformation led to a rollercoaster in Bitcoin’s price, which initially soared from $46,800 to $48,000, only to crash to $45,000 within a span of…
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