The chairman of the U.S. Securities and Exchange Commission (SEC) says the Federal Bureau of Investigation (FBI) and Homeland Security are investigating last week’s hack of the regulatory agency’s X account.
In a new statement, SEC Chairman Gary Gensler says law enforcement agencies are now involved in the investigation into last Tuesday’s hack of the account, which was compromised and used to post a false message about spot-traded Bitcoin ( BTC) funds. (ETFs) are approved.
According to Gensler, there is no evidence that the bad guy was able to access the SEC’s systems, data, devices or other social media accounts.
“The unauthorized party posted a message at 4:11 PM ET claiming that the Commission would announce the approval of spot Bitcoin exchange-traded funds, as well as a second message approximately two minutes later stating ‘BTC.’
The unauthorized party then deleted the second message, but not the first. Using the SECGov account, the unauthorized party also liked two posts from non-SEC accounts.
Gensler says the operator’s access to the X account was terminated about 30 minutes to an hour after they compromised it.
Late last week, U.S. senators — such as Ron Wyden, a Democrat from Oregon, and Cynthia Lummis, a Republican from Wyoming — wrote a letter to the SEC demanding answers about how someone could circumvent the cybersecurity measures.
According to Gensler, many law enforcement agencies are currently working on the case.
“The staff coordinates their investigations with appropriate law enforcement and federal regulatory agencies, including the SEC’s Office of Inspector General, the Federal Bureau of Investigation, and the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency, among others.
The agency will provide updates on the incident as necessary.”
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