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Author Topic: SEC Grants Approval For Bitcoin ETFs -- HOAX  (Read 254 times)
odolvlobo (OP)
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January 09, 2024, 09:19:38 PM
Last edit: January 09, 2024, 09:38:25 PM by odolvlobo
 #1

The SEC made an announcement on X:

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.

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January 09, 2024, 09:25:28 PM
Last edit: January 09, 2024, 09:44:07 PM by franky1
 #2


HOAX

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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January 09, 2024, 09:36:06 PM
 #3

It was a hoax people.

According to Gary Gensler:

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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January 09, 2024, 11:31:40 PM
Merited by NotATether (1)
 #4

From in Forum Drama to the World of X and the Government
Bitcoin has Legendary Drama  Grin

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January 09, 2024, 11:35:35 PM
 #5

OMG. What is happening in the market right now?
US SEC Chairperson's Twitter got hacked during in this crucial time of ETF deadlines? It seems strange. It could be an inside job or they accidentally tweeted? Hahaha
But these tweets affected the chart, look how candlewicks reacted.

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January 10, 2024, 12:09:12 AM
 #6

OMG. What is happening in the market right now?
US SEC Chairperson's Twitter got hacked during in this crucial time of ETF deadlines? It seems strange. It could be an inside job or they accidentally tweeted? Hahaha
But these tweets affected the chart, look how candlewicks reacted.

Yeah well easy profit for whoever hacked the account huh? ... 'hacked' Probably Gary himself trying to buy some coins for a discount before the price rockets up after the approval.  Grin
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January 10, 2024, 12:37:25 AM
 #7

OMG. What is happening in the market right now?
US SEC Chairperson's Twitter got hacked during in this crucial time of ETF deadlines? It seems strange. It could be an inside job or they accidentally tweeted? Hahaha
But these tweets affected the chart, look how candlewicks reacted.

Yeah well easy profit for whoever hacked the account huh? ... 'hacked' Probably Gary himself trying to buy some coins for a discount before the price rockets up after the approval.  Grin
That's almost 2k dump on just timeframe after that tweet, so yeah, easy money to those ETF fanbois and with the mastermind of the "hack" and to those who keep along with the temporary trend, lol.

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January 10, 2024, 12:44:54 AM
 #8

It was a hoax people.

According to Gary Gensler:

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.


I do believe that Gary Gensler made a long position after the SEC tweet and made a short position before he tweeted about the hack. So profitable whenever the price is going.  Grin Grin

Some guy on X talks about this news too that it is maybe that the first tweet on SEC is actually a draft but they send it rather than save it but who know right

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January 10, 2024, 12:49:36 AM
Merited by nutildah (1)
 #9

We should quote this one....:


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January 10, 2024, 12:58:59 AM
 #10

Their official representative X account was compromised, it's okay because X is not their home but they must at least secure their account properly. As a governmental agency, they must have enough security layers to do this for their account.

They even can go further by saying their official website is compromised and no announcement about approval will be made. It is another big joke if they do this because announcement can be made online or offline and online announcement is not a gold standard for official announcement.

SEC. is exaggerating importance of X and social media.

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January 10, 2024, 03:08:06 AM
 #11

It was a hoax people.

According to Gary Gensler:

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 real reason they made the fake announcement was to get Bitboy out of the premises heheheehehe.



In any case, the skeptical me thinks that the announcement was made by mistake and it was supposed to be made this day on January 10th and not yesterday. According to many people on social media, the announcement appeared like it was very well composed and it appeared ready from uncle Gary's drafts folder.

However, what uncle Gary might also do is delay the ETF decision again to investigate the hack.

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January 10, 2024, 03:30:59 AM
 #12

We should quote this one....:



And it wasn't the SEC posting that. It wasn't the agency's statement. It was simply a tweet purportedly from its chairman's account which, as proven, could be hacked. Whether or not it was coming from an official social media account of a member of the SEC, it wasn't the SEC releasing an official statement. Social media accounts of people can't be fully trusted as an information source. Even accounts of presidents could be taken over by anybody.
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January 10, 2024, 03:33:21 AM
 #13

Their official representative X account was compromised, it's okay because X is not their home but they must at least secure their account properly. As a governmental agency, they must have enough security layers to do this for their account.

They even can go further by saying their official website is compromised and no announcement about approval will be made. It is another big joke if they do this because announcement can be made online or offline and online announcement is not a gold standard for official announcement.

SEC. is exaggerating importance of X and social media.

Can the account of a top US government agency be hacked so easily? And they took them 15 minutes to control and correct the news, what a big joke. We really don't know what's going on, but from what's going on, I have a feeling that even the SEC wants to manipulate this potential market for its own profit. They also want to make money from this market but abuse their power to make profits, what a shameful act.

There have been many comments sent to Elon asking him to check the IP address of SEC's account X to know exactly whether they were really hacked or just playing tricks on themselves to manipulate the market. But I think Elon will not interfere in this.

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January 10, 2024, 03:33:30 AM
 #14

It was a hoax people.

According to Gary Gensler:

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.
Is this considered a rejection, i.e. the final decision, or is it a denial of the tweet? The wording of the tweet denies the entire news, not the text of the tweet.

Can the account of a top US government agency be hacked so easily? And they took them 15 minutes to control and correct the news, what a big joke. We really don't know what's going on, but from what's going on, I have a feeling that even the SEC wants to manipulate this potential market for its own profit. They also want to make money from this market but abuse their power to make profits, what a shameful act.
Not only hacking, but in the time of hacking. If there is a hacker who was able to access the account at a time when he might gain profits from publishing a tweet, this means that he can access the account at any time.

Hacking government Twitter accounts seems like an easy thing.

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January 10, 2024, 03:59:31 AM
 #15

It was a hoax people.

According to Gary Gensler:

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.
Is this considered a rejection, i.e. the final decision, or is it a denial of the tweet? The wording of the tweet denies the entire news, not the text of the tweet.

Can the account of a top US government agency be hacked so easily? And they took them 15 minutes to control and correct the news, what a big joke. We really don't know what's going on, but from what's going on, I have a feeling that even the SEC wants to manipulate this potential market for its own profit. They also want to make money from this market but abuse their power to make profits, what a shameful act.
Not only hacking, but in the time of hacking. If there is a hacker who was able to access the account at a time when he might gain profits from publishing a tweet, this means that he can access the account at any time.

Hacking government Twitter accounts seems like an easy thing.

X just confirmed that the SEC's account was hacked and the reason was because they did not enable 2FA security. This is funny. And one theory being discussed about X is that this will be the reason why the SEC continues to delay approval of ETFs to investigate the hack. Everything is so dramatic and we are all easily manipulated by them, with just a few simple operations and some news they can manipulate everything. Personally, I also don't believe that everything is so strangely coincidental.
https://twitter.com/Safety/status/1744924042681897343

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January 10, 2024, 04:11:44 AM
 #16

It was a hoax people.

According to Gary Gensler:

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.
I've got a bac feeling about this since over the past couple of weeks we have seen a couple of cases of market manipulation attempts like this on the internet which means some people are trying to "pump" bitcoin. The bad part is that when SEC rejects ETF (which is a strong possibility IMO considering their history) we could see the same market manipulators start shorting the hell out of bitcoin and crashing the market!

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January 10, 2024, 04:48:04 AM
 #17

The SEC Trust us also SEC we don't 2 FA so if you lose millions of dollars our bad Smiley

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January 10, 2024, 05:06:21 AM
 #18

Just a classic centralized scam, is anyone still believing in government, CEX, or any other institutions that looks safe? think about it.

Imagine if Bitcoin ETFs was accepted, many people invest it and then after few months or year, they will announce if their wallets exchanges has been hacked. They could steal people' money, move away without any worries and then people will say Bitcoin ETFs is scam, when it's actually scam before SEC approve it.
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January 10, 2024, 05:25:19 AM
 #19

Yeah I read the tweet and was super excited. Then I checked the price and was wondering why it went down after they said it was approved, looked fishy. Then it came out saying it was a hack.

The investigation concluded that they used an account without 2fa. Which is funny because they tell people to use 2fa but they themselves don’t even use it on their important twitter handles. Very badly run operation down there.
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January 10, 2024, 06:34:49 AM
 #20

From in Forum Drama to the World of X and the Government
Bitcoin has Legendary Drama  Grin

2024 only just started and this is already an Event of the Year contender!

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CRYPTO CASINO &
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