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News Explorer — Twitter: SEC Account Didn't Have 2FA at Time of Fake Bitcoin ETF News Hack

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Jan 10, 10:04 am
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Twitter: SEC Account Didn't Have 2FA at Time of Fake Bitcoin ETF News Hack

Twitter has denied responsibility for a fraudulent tweet sent from the SEC's account announcing the approval of 13 spot Bitcoin ETFs. Twitter's Safety team stated that the compromise was due to an unidentified individual gaining control over a phone number associated with the @SECGov account. The SEC's account did not have two-factor authentication enabled, a security measure previously recommended by SEC chair Gary Gensler. Twitter encouraged all users to enable this extra layer of security.

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