SEC's X account hack was related to the agency's data security concerns

SEC's X account hack rehashes concerns over agency's data security. The highly anticipated approval announcement of the bitcoin exchange-traded fund was expected to come from the Securities and Exchange Commission the day after the data breach. SEC's data breach raises questions about agency's security.

SEC's X account was "compromised" late Tuesday. Bitcoin ETF approval is false, SEC tells investors no decision has been made on Bitcoin ETF. SEC: X account hacked, Bitcoin ETF not approved, but one is expected by Wednesday. Bitcoin exchange-trading is expected to be approved by the SEC on Wednesday.

SEC's official government account on social media platform X was not hacked or breached when it posted about Bitcoin. SEC's Bitcoin ETF debacle was result of employee not utilizing two-factor authentication: X safety. X safety team found the SEC's government account was not breached by the SEC.