The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over its X account through a “SIM swap” attack that seized control of a cell phone associated with the account. That allowed the outsider to falsely tweet on January 9 that the agency had approved spot bitcoin exchange-traded funds (ETFs), a day before the agency actually did so.
Source: https://www.coindesk.com/policy/2024/01/22/sec-shut-off-extra-security-on-x-for-7-months-letting-hacker-breeze-in/?utm_medium=referral&utm_source=rss&utm_campaign=headlines