It is very sad that the SEC can't secure there twitter account talk more of securing investors gat me laughing. Just like useing a pumpkin to secure a door.
Topic: Hoax: No Bitcoin ETF approval (yet) - page 2. (Read 453 times)
It is very sad that the SEC can't secure there twitter account talk more of securing investors gat me laughing. Just like useing a pumpkin to secure a door.
What does this tell you about the Government? Do not trust and blindly follow whatever they say.
At least the price of Bitcoin didn't react to another fake news this time around. Before, the price seemed very quick to react to rumors and FUD regarding spot Bitcoin ETF. The timing of the hack was curious, though. Was it done to try testing how the market would react to the official announcement of the SEC regarding the approval of a spot Bitcoin ETF? Whoever did it, he/she better be patient. It will, after all, be released very soon.
Here is the irony. SEC made this tweet last year. 
They have been singing of how crypto is a scam for years and of how they have been giving the US citizen security against scams and market manipulation, but the so-called SEC can't even secure their own x account.
What does this tell you about the Government? Do not trust and blindly follow whatever they say.
They have been singing of how crypto is a scam for years and of how they have been giving the US citizen security against scams and market manipulation, but the so-called SEC can't even secure their own x account.
What does this tell you about the Government? Do not trust and blindly follow whatever they say.
Whoever did this. I don't wanna go to theories if it's a real hacker or SEC insider or whoever, but managed the smash both the reputation of crypto and the reputation of SEC. But I don't really care about the latter.
Just get that freaking approve
But whatever happens tomorrow. Soon finally I can focus on bitcoin again and forget this shitshow...
Whoever did this earned a fortune and there should be little doubt about it, I mean what can be more authoritative than a tweet from the SEC claiming a bitcoin ETF was approved? At that point whoever did this probably borrowed as much money as they could and used a 100x leverage on their open positions, paying their loans instantly and making themselves rich in the process, I hope this is investigated and we are not left wondering what happened. Just get that freaking approve
But whatever happens tomorrow. Soon finally I can focus on bitcoin again and forget this shitshow...
Quote
The answer may be too simple to be believed.
rationalroot matched the twitter posts on the 1-minute chart, it clearly reads that the dump happened before Gensler announced the "hack"
The question is: who hacked the sec account? I mean US SEC, which is supposed to take their security very seriously, and they don't know when their official page was compromised and news was made about it...
The answer may be too simple to be believed. There is an assumption that this was a delayed publication, which was supposed to appear tomorrow, January 10, as previously expected, when the SEC was supposed to announce its decision. But obviously the account admin has confused something with the dates.
We have been had we had been bamboozled darn it
Ha-ha just another day in Bitcoin munches popcorn
It wouldn't be Bitcoin without some drama now and then
Ha-ha just another day in Bitcoin munches popcorn
It wouldn't be Bitcoin without some drama now and then
Whoever did this. I don't wanna go to theories if it's a real hacker or SEC insider or whoever, but managed the smash both the reputation of crypto and the reputation of SEC. But I don't really care about the latter.
Just get that freaking approve
But whatever happens tomorrow. Soon finally I can focus on bitcoin again and forget this shitshow...
Just get that freaking approve
But whatever happens tomorrow. Soon finally I can focus on bitcoin again and forget this shitshow...
Fake Bitcoin ETF looks like a serial drama. Since the US Securities and Exchange Commission has approved ETFs. Shortly thereafter it was announced that the @SECGov Twitter account had been compromised and an unauthorized tweet had been posted. So from here we understand it is serial drama? I think ETFs are a completely dramatic phenomenon.
These guys can't even secure their Twitter account, how will they protect people? 
Aren't these the same guys that have lawsuit against CZ? Nobody takes them seriously. They don't have the competence to protect anyone. This whole ETF drama is boring now. Bitcoin investors don't need you. Don't try to make decisions about things you don't even know.
Aren't these the same guys that have lawsuit against CZ? Nobody takes them seriously. They don't have the competence to protect anyone. This whole ETF drama is boring now. Bitcoin investors don't need you. Don't try to make decisions about things you don't even know.
Isn't this a form of manipulation? Why the hack at this time, when everyone is waiting to hear the SEC's decision on bitcoin ETF, and then a news flash comes out saying it has been approved, and the next thing we see is that the news is fake and the SEC's Twitter account has been hacked? Isn't it possible that the market will become extremely volatile, and that the government will become a major market manipulator?
I know they can’t have a total control of the market but with SEC approving bitcoin ETF, government will have some say in the market.
I know they can’t have a total control of the market but with SEC approving bitcoin ETF, government will have some say in the market.
Man! The Bitcoin market is like a rodeo bull on steroids. Even a fake news of an ETF approval can send it bucking and snorting. Get ready for a wild ride!
Bitcoin ETFs news is slowly losing its relevance. I mean, when it is finally approved (no hoax this time) if any, it won't have much reaction as it is now because a lot of people would still be in doubt. First by Cointelegraph, today by a hacked SEC account. Why do we have to look forward to it when it might just be another false news?
This made me laugh! LOL!
@nelson4lov, please update the topic title so it is not misleading.
@nelson4lov, please update the topic title so it is not misleading.
Fixed OP now. Thanks for the heads up.
Wow finally, this is good news for all Bitcoin investors as all we have been anticipating are coming to reality gradually, the approval of spot Bitcoin ETF is yet another milestone achievement for Bitcoin investors and now that Bitcoin have gain recognition by international standard authority, I think it will enhance more security awareness within the ecosystem and possibly grant investors access to tokens without buying the currency.
Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
The real story has been reviled that the news is fake. SEC twitter (X) account has been compromise which to me seems like manipulation.Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
Why will it be now that people are waiting for the news that their account get compromised?
I am seeing this as price manipulation although the news was countered early.
This fake news has affected crypto market because Bitcoin price has dropped below $26k. This can be a chance for people to buy again.
Now that SEC Twitter account have been compromised, how do we know the real story when it's finally released. I think there something suspicious that SEC is trying to manipulate but however we still keep on hodling because I know that with this fake news right now, the price of Bitcoin might dip as a result of investors rushing to sell off their coin but as long term Bitcoin hodlers and investors that we are, we remain calm and optimistic regardless of this uneasy story.
Wow finally, this is good news for all Bitcoin investors as all we have been anticipating are coming to reality gradually, the approval of spot Bitcoin ETF is yet another milestone achievement for Bitcoin investors and now that Bitcoin have gain recognition by international standard authority, I think it will enhance more security awareness within the ecosystem and possibly grant investors access to tokens without buying the currency.
Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
It is not good news mate, it is fake news, and the SEC has not approved it yet as the said person announced already that was not true. This news confuses a lot of people especially if they don't follow the trend. In this situation, I'm not sure if this will help the approval rate or if something holds. But it doesn't matter because even without ETF approval, Bitcoin still exists and growing. Well, ETF approval seems it helps to gain more trust but not the sole reason why people are here and are investing in Bitcoin. Yes, let us wait for the next update and we'd hope for the positive over the bad incidents. Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
But how possible it is for SEC Twitter account to be hacked at a critical time when everyone is glued to hear about the approval of spot Bitcoin ETF, well just like you said Bitcoin will and is still gaining more recognition with or without ETF approval so no matter how they try to compromise or disapprove spot Bitcoin ETF Bitcoin maintains it's volatility.
Seems like a bad omen to me, kinda helps those who have little trust or likening for BTC being enabled in any way. The reasons to fake post is market manipulation, if you can foresee a large buy and also know the news is not real you have an exact plan to make money with. Because BTC is tradable all over the place its hard to say exactly who had profited from doing so, it would be hard in any case but especially due to the nature of BTC being decentralized its something authorities dislike naturally.
This made me laugh! LOL!
@nelson4lov, please update the topic title so it is not misleading.
@nelson4lov, please update the topic title so it is not misleading.
Wow finally, this is good news for all Bitcoin investors as all we have been anticipating are coming to reality gradually, the approval of spot Bitcoin ETF is yet another milestone achievement for Bitcoin investors and now that Bitcoin have gain recognition by international standard authority, I think it will enhance more security awareness within the ecosystem and possibly grant investors access to tokens without buying the currency.
Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
The real story has been reviled that the news is fake. SEC twitter (X) account has been compromise which to me seems like manipulation.Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
Why will it be now that people are waiting for the news that their account get compromised?
I am seeing this as price manipulation although the news was countered early.
This fake news has affected crypto market because Bitcoin price has dropped below $46k. This can be a chance for people to buy again.
Wow finally, this is good news for all Bitcoin investors as all we have been anticipating are coming to reality gradually, the approval of spot Bitcoin ETF is yet another milestone achievement for Bitcoin investors and now that Bitcoin have gain recognition by international standard authority, I think it will enhance more security awareness within the ecosystem and possibly grant investors access to tokens without buying the currency.
Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
It is not good news mate, it is fake news, and the SEC has not approved it yet as the said person announced already that was not true. This news confuses a lot of people especially if they don't follow the trend. In this situation, I'm not sure if this will help the approval rate or if something holds. But it doesn't matter because even without ETF approval, Bitcoin still exists and growing. Well, ETF approval seems it helps to gain more trust but not the sole reason why people are here and are investing in Bitcoin. Yes, let us wait for the next update and we'd hope for the positive over the bad incidents. Though with the current controversy that surrounds the announcement it seems there is something fishy but however within some few days we will get to know the real story definitely.
Man! The Bitcoin market is like a rodeo bull on steroids. Even a fake news of an ETF approval can send it bucking and snorting. Get ready for a wild ride!
fake news
above
gensler just mentioned the announcement tweet was fake
https://twitter.com/GaryGensler/status/1744833049064288387
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.
change title. lock topic before the rumour mill clickbaits thinking its real based on topic titles
above
gensler just mentioned the announcement tweet was fake
https://twitter.com/GaryGensler/status/1744833049064288387
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.
change title. lock topic before the rumour mill clickbaits thinking its real based on topic titles
The question is: who hacked the sec account? I mean US SEC, which is supposed to take their security very seriously, and they don't know when their official page was compromised and news was made about it.
Then again, upon all the news and details of things that the hacker could have used the account for in the short period of time that they had access to the account, why just post something about ETF approval? What are they trying to do—channel the attack on those who file for bitcoin ETF? Or are the hackers trying to manipulate the market with the news? I have so many questions to ask regarding this incident.
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