Twitter on the BTC ETF approval/no approval debacle earlier today:
- We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation.
- Based on our investigation, the compromise was not due to any breach of X's systems, but rather due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party.
- We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised.
Poor security protocols from the U.S. Securities and Exchange Commission (SEC).
