Central issues: By SIM swap, the SEC hack was found to have posted false approvals for Bitcoin ETFs. Bitcoin costs flooded and fell; an examination uncovered no MFA since July 2023. The Protections and Trade Commission (SEC) gave a report on a new hacking occurrence that happened recently, influencing its X record and causing disturbance…
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Key Points: The FBI’s investigation into the SEC hack highlights the seriousness of the incident and the potential for national security concerns. The hack has sparked bipartisan criticism from senators, who demand increased security measures and question the SEC’s trustworthiness. A hacked SEC X account falsely announced approval for Bitcoin ETFs, sending prices skyrocketing before…
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