ICYMI on Twitter: SEC account got hacked and tweeted a fake #Bitcoin ETF approval announcement.
That’s right, the agency that’s supposed to protect investors can’t even protect their own Twitter account.
I see myself narrating all these stories to my grandkids, of us early adopters before making fun of institutions and front running the financial world, lovely.
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It's funny, but if anyone really believes that "protecting investors" is anything like "protecting a twitter account" or that one is easier or harder than the other, like if they believe that in order to be competent at one they should be competent at the other...
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If the ETF's get delayed because of this then it was no "accident" imo. If they are approved tomorrow as expected then maybe I could by a staffer error. I agree it wasn't a hack. To me it is an accident vs an inside job.
maybe the goal of this “hack” was to try to drive down the price, keep prices low(er), and avoid a fomo pump when the “real” announcement is made now that new money will second guess any future announcements…
or they’re just incompetent…
scratch that…this is the SEC and Gary we’re talking about…they’re definitely just that incompetent.
Is it now, Jack?
So let’s talk about federal governments social media handlers who conduct all sorts of douchery.
Soaped and yet acting the man?
Fucking embarrassing, mate.
But let’s discuss that board and chairman according to the laws expectations and then understand knows is McCain in the long line of need for chemo, just like Austin.
Any plausible outs there Jackie boy?
Kinda end of the story, boy.
Nothing to follow or any legacy to live on neither.
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Apparently it was:
"We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation. Based on our investigation, the compromise was not due to any breach of X’s systems, but rather due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party," said X Safety.
"We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised. We encourage all users to enable this extra layer of security. More information and tips on how to keep your account secure can be found in our Help Center."