Lessons from the SEC X Account Hack – Security Week with Tony Anscombe



The cryptocurrency roller coaster never fails to provide an exciting ride – this week there was drama surrounding the SEC’s X account hack just before the highly anticipated Bitcoin ETF decision.

The U.S. Securities and Exchange Commission (SEC) X Account was hacked this week to post an unauthorized tweet announcing the approval of spot Bitcoin exchange-traded funds (ETFs). The post lasted about 30 minutes and even though the SEC announced, about 24 hours later, the official approval of ETFs, the first (and fake news) announcement created drama that, among other things, caused the price to rise of Bitcoin. briefly and left a bitter taste in many people’s mouths.

The hack was not due to a breach of the social media platform’s systems. What else do we know about the account hack, how did it happen, and what lessons can we learn from it? Find out in the video.

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