About half an hour ago, a Tweet was sent from the official SEC Twitter account stating that Bitcoin Spot ETFs were approved, causing a huge movement in the BTC price.
However, immediately afterwards, Gary Gensler announced in his statement that the SEC's official Twitter account was hacked and Bitcoin Spot ETFs were not approved.
In the latest development, the fake post was deleted from the SEC's account and the SEC management, which took control of the account again, published a message. The message included the following statements:
“SEC's X account was compromised and an unauthorized post was published. SEC has not approved the listing and trading of products traded on the spot Bitcoin exchange.”
However, Bloomberg analyst Eric Balchunas seems to have a different approach to the issue. Balchunas claims that despite the statement made by the SEC that the Bitcoin Spot ETF approvals were made by the hacker, there was actually only a date error in the post, and the post that should have been made tomorrow was made today:
“I think someone prepared a planned tweet and put the wrong date, because the tweet would make perfect sense at this time tomorrow. The language used makes it sound legal and SEC-style compared to a crypto idiot making a joke, but I guess we'll see…”
*This is not investment advice.
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