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The SEC’s X account was hijacked to post a fake approval of Bitcoin ETFs
You can’t believe everything you read.
By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. The Securities and Exchange Commission’s official social media account on X (formerly Twitter) posted a notice on Tuesday evening claiming it had approved listings for Bitcoin exchange-traded funds, or ETFs, which has since been deleted. The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection.” It included an image of Gensler next to the quote, but it was clearly missing any link to the SEC’s website that would normally accompany this kind of news.
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