US SEC says breach of X account did not lead to breach of its broader systems

FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Friday said there was no evidence to suggest the breach of its X account earlier this week also involved a breach of the agency's systems, devices, data or other social media accounts.

The fake post on Tuesday said the SEC had approved trading of spot bitcoin exchange-traded funds (ETFs), sending industry executives scrambling. Bitcoin prices had whipsawed ahead of an expected announcement on Wednesday by the agency to allow trading of the products.