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Gensler Says SEC Twitter Account Was Compromised, Bitcoin ETFs Not Approved

AuthorSenad Karaahmetovic
Published 01/09/2024, 04:38 PM
Updated 01/09/2024, 04:40 PM
© Reuters. Gensler Says SEC Twitter Account Was Compromised, Bitcoin ETFs Not Approved
COIN
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The SEC has not approved Bitcoin ETFs, as reported earlier on the SEC's official X account. SEC Chairman Gary Gensler said the account was "compromised."

"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," Gensler tweeted.

The apparent flagrant post read:

"Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges."

“Today’s approval enhances market transparency and provides investors with efficient access to digital asset investments within a regulated framework,” an apparent flagrant quote from Gensler added.

After initially spiking higher on the false report, Bitcoin price is down about 2.7% to $45,784.74. Coinbase (NASDAQ:COIN) is down 1.4% at 16:36 EDT (21:36 GMT).

Latest comments

SEC is the major manipulator! It does everything it can to make Crypto fail. They know, ETF approval will trigger a breakthrough in the massive Crypto adoption and BTC skyrocket price, challenging the Intermediaries based current financial system.
It seems like it was crypto scammers trying to manipulate the price, in reality.
Children gather around now this is what you call manipulation
Gensler, aka Sam Bankman-Fried's good buddy, probably did this intentionally to see if this would be a "Sell the News" moment or to see if BTC would rip.  The swamp is so corrupt.
This did not come from the establishment; it came from the fringe.
khadim Dieng
10000
They can do this forever and bankrupt/drain all retail investors longs for this entire year. All purposely designed. Very slick.
lol, say that again tomorrow..
mocking at the door.😁
Gary the Carrot.
Just ban all crypto
Long noses doing long nose things
What a joke. Maybe he should fix this manipulated fraud market. Frauds.
Fraud.
Gansler is such a 🤡 with 🥧 on face
must give themselves time to take positions
So i confused now.. they aaid they didnt give the final decision or the final the decision is “not approved”?!
i think noone knows really
they didn't make a decision yet. account was hacked saying it was.
Which one is hacked?
sounds like maybe he is hacked
This is absolutely insane
How u protect investor if u cant protect ur account ?
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