The announcement follows a spate of crypto-related X account takeover attacks targeting high-profile organizations including Mandiant, Hyundai, and most notably, the Securities and Exchange Commission (SEC). In the case of the SEC, hackers hijacked the regulator’s X account in early January to publish a fake announcement that the regulator had approved the listing and trading of Bitcoin exchange-traded funds on security exchanges, leading to Bitcoin prices briefly spiking.

Source: Infosecurity