Cryptocurrency Q&A Was X a hacked post announcing approval of a bitcoin exchange-traded fund?

Was X a hacked post announcing approval of a bitcoin exchange-traded fund?

Dario Dario Mon Jul 08 2024 | 6 answers 1789
Given the recent flurry of news surrounding cryptocurrencies and their potential integration into traditional financial markets, a question has arisen regarding the authenticity of a particular post claiming the approval of a Bitcoin Exchange-Traded Fund (ETF). The post, labeled as "X," has sparked widespread debate and speculation among investors and market analysts alike. Is "X" a legitimate announcement from a regulatory body or a hacked post spreading misinformation? The circumstances surrounding "X" are highly suspicious. The language used is vague and lacks the typical formalities of official regulatory communications. Furthermore, the timing of the post coincides with a surge in Bitcoin prices, leading some to suspect market manipulation. However, others argue that the post could be a genuine leak from an internal source, given the ongoing speculation regarding the potential for Bitcoin ETFs. So, what is the truth behind "X"? Was it a hacked post spreading false hope or a genuine announcement heralding a new era in the integration of cryptocurrencies into traditional financial markets? The answer remains unclear, but the question has sparked a lively debate that will undoubtedly continue in the coming days. Was X a hacked post announcing approval of a bitcoin exchange-traded fund?

6 answers

HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Wed Jul 10 2024
A post originating from the agency's official account on the platform X had erroneously announced the approval of a highly anticipated bitcoin exchange-traded fund.

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Raffaele Raffaele Wed Jul 10 2024
However, the Commission swiftly clarified that the announcement was in fact "unauthorized" and attributed the error to a security breach.

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CryptoBaron CryptoBaron Wed Jul 10 2024
The agency emphasized that their account on the social platform had been hacked, leading to the dissemination of incorrect information.

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JejuJoyfulHeartSoul JejuJoyfulHeartSoul Wed Jul 10 2024
The Securities and Exchange Commission issued a statement on Tuesday, highlighting an unfortunate incident involving their social media presence.

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CryptoMystic CryptoMystic Wed Jul 10 2024
The Commission expressed regret for any confusion or inconvenience caused by the unauthorized post and assured the public that they are taking measures to strengthen their digital security.

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