SEC to Work With FBI to Investigate False Gensler’s ETFs X Post

Despite the approval of 11 spot Bitcoin exchange-traded funds (ETFs), the SEC said it will work with the FBI to investigate the false Gensler’s X post released on Jan. 9.

The United States Securities and Exchange Commission (SEC) announced it was coordinating efforts with the Federal Bureau of Investigation (FBI) to investigate a tweet released from its X account on Jan. 9 in relation to the approval of spot Bitcoin ETFs.

See Also: Fake Spot Bitcoin ETF Approval Post On SEC’s X Account, Hack Or Inside Job?

In a Jan. 10 statement, the SEC reiterated that a Jan. 9 tweet claiming that the commission had approved spot Bitcoin ETFs in the United States was “unauthorized” and not “drafted or created” by SEC officials.

SEC chair Gary Gensler published an X post claiming the official SEC account had been “compromised” by an unnamed party.

According to the SEC, it planned to investigate the tweet with the FBI and the commission’s Office of the Inspector General.

The SEC warned the public that any filing approving a rule change allowing the listing and trading of a spot Bitcoin ETFs would be posted to its website.

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