News: 1704836887

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

SEC Twitter hijacked to push fake news of hotly anticipated Bitcoin ETF approval

(2024/01/09)


Breaking The SEC today said its Twitter/X account was hijacked to wrongly claim it had approved hotly anticipated Bitcoin ETFs, causing cryptocurrency to spike and then slip in price.

In a now-deleted tweet shared in the past hour, the American financial regulator appeared to say: "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges. The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection."

But in the past few minutes, the tweet was vanished. Gary Gensler, SEC chairman, then [1]confirmed also on X that the message should not have gone out, and that no approval had been granted:

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.

The SEC itself also confirmed the hijacking:

The [2]@SECGov X account was compromised, and an unauthorized post was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products. — U.S. Securities and Exchange Commission (@SECGov) [3]January 9, 2024

The market has spent weeks if not months awaiting for the SEC's approval, or blocking, of spot Bitcoin ETF applications. It was due to make a decision by Wednesday. Amid that anticipation, Bitcoin has climbed 164 percent in the past year after a crypto crash at the end of 2021.

Bitcoin spiked in price to $47,900 apiece today after the first tweet, and is currently down 1.5 percent to $46,247. This is a developing story that we'll update...

[4]

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[1] https://twitter.com/GaryGensler/status/1744833049064288387

[2] https://twitter.com/SECGov?ref_src=twsrc%5Etfw

[3] https://twitter.com/SECGov/status/1744837121406349714?ref_src=twsrc%5Etfw

[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_security/cybercrime&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2ZZ3QFukNA7D89yBABjuOwQAAANg&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0

[5] https://whitepapers.theregister.com/



When will the bros learn?

Omnipresent

You are being worked by russia like a marionette. You would have to be completely unaware of the world around you to put faith in ANYTHING that touches ex twitter at this point. Musk is a proven putinesta. He was hoping to be installed as an American Oligarch. Putin probs has sex tapes of him right next to frumpies in his personal library. Relying on this guy is irresponsible at least, and down right deadly at most.

SEC Twitter hijacked to push fake news

Howard Sway

They should consider it as a handy training exercise to prepare themselves for the world of non stop shit they will enter if they're stupid enough to legitimise any crypto crap.

Today is the last day of your life so far.