Multiple US senators are demanding an explanation from the U.S. Securities and Exchange Commission (SEC) after Tuesday’s high-profile social media fiasco. Someone compromised the SEC’s X account on Tuesday and issued a false statement claiming the regulator had approved spot Bitcoin (BTC) exchange-traded fund (ETF) applications, whipping the crypto world into a temporary frenzy. SEC Chair The post US Senators Demand Explanation From the SEC Over Fake Tweet Announcing Spot Bitcoin ETF Approval appeared first on The Daily Hodl .
