Senators Call for Transparency from SEC on Recent X Account Incident

Key Takeaways

Senators J.D. Vance and Thom Tillis request a detailed report from SEC Chair Gary Gensler on the January 9th breach of SEC’s X account.
The breach, involving a false tweet about Bitcoin ETFs, raises concerns about the SEC’s cybersecurity measures and market integrity.
High-profile officials, including Senators Cynthia Lummis and Bill Hagerty, emphasize the need for transparency and clarity in the aftermath of the breach.

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