Posted 1/9/2024, 10:05:13 PM
SEC Twitter Account Hacked to Post Fake Bitcoin News, Underscoring Platform Vulnerabilities
- The SEC's official Twitter account was "compromised" and used to post fake news about Bitcoin
- The fake tweet led to a brief spike and crash in Bitcoin's price
- This is the 2nd major account compromise in recent days after Mandiant was hacked
- The hack raises concerns about Twitter's security after Elon Musk's staff cuts
- A similar 2020 Twitter hack saw scammers pose as famous people like Obama to steal Bitcoin