X/Twitter says the SEC did not have Two-Factor authentication

According to a Twitter post by X Safety, Twitter/X said:

We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation. Based on our investigation, the compromise was not due to any breach of X’s systems, but rather due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party. We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised. We encourage all users to enable this extra layer of security. More information and tips on how to keep your account secure can be found in our Help Center:

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https://help.twitter.com/en/safety-and-security/account-security-tips

Chair of the SEC Gary Gensler clarified on Twitter that the U.S. Securities and Exchange Committee's official account was "hacked", following a misleading tweet about the approval of spot Bitcoin ETFs. He stated, “The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”

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