Article 6HRH7 FBI investigates fake tweet about bitcoin investment fund that led to price spike

FBI investigates fake tweet about bitcoin investment fund that led to price spike

by
Blake Montgomery and agencies
from Technology | The Guardian on (#6HRH7)

Hackers posted false news about a widely anticipated announcement that the SEC was expected to make about bitcoin

The US Securities and Exchange Commission (SEC) said Wednesday that it is working with the FBI to investigate a fake message posted on its X social media account.

On Tuesday hackers posted false news about a widely anticipated announcement that the SEC was expected to make about bitcoin, leading the cryptocurrency's price to spike and alarming observers. An SEC spokesperson confirmed to the Guardian in a statement that the unauthorized post on the @SECGov account was not drafted or created by the SEC".

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