US Senators urge SEC for clarity following misleading tweet on Bitcoin ETFs
U.S. Senators J.D. Vance and Thom Tillis have urged the Securities and Exchange Commission (SEC) to provide a detailed report to Congress regarding the Jan. 9 breach of X account. In their Jan. 9 letter to SEC Chair Gary Gensler, Vance and Tillis expressed deep concerns about the SEC’s cybersecurity measures, citing the incident as contradictory to the SEC’s mission of protecting investors, ensuring efficient markets, and aiding capital formation. The letter was in reference to the widely cited breach that led to the dissemination of false information about the approval of Bitcoin exchange-traded funds (ETFs) in the United States. BREAKING: Senators @JDVance1 & @SenThomTillis Demand Explanation For The SEC's Errant Announcement Of The Approval Of Spot-Bitcoin ETFs "It is unacceptable that the agency entrusted with regulating the epicenter of the world’s capital markets would make such a colossal error." pic.twitter.com/xG77jM9xAM — Senator Vance...