Biden's top financial cop faces showdown with Wall Street
The legal actions threaten to undermine the agenda of one of President Joe Biden’s most aggressive regulators.
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The legal actions threaten to undermine the agenda of one of President Joe Biden’s most aggressive regulators.
A hacker broke into the X account of the US Securities and Exchange Commission and posted that bitcoin had been granted a regulatory boost.
(Bloomberg) -- A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday.Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffUS and Allies Met Secretly With Ukraine on Peace PlanBlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry ShiftsXi, Biden and the $10 Tr
'It really shows the breadth and frequency of cyberattacks,' said Kurt Gottschall, a partner at law firm Haynes Boone and former SEC regional director.
“It really shows the breadth and frequency of cyberattacks,” said Kurt Gottschall, a partner at law firm Haynes Boone and former SEC regional director. “The…