Re: Cryptocurrency: US SEC Gov Approves Bitcoin ETFs Amid Epic Shamefest, Crypto WINS !

[grarpamp]

X Confirms 'Bitcoin ETF' Breach Was Not Of Any Of Its Systems, SEC
Failed To Use 2-Factor Authentication On Phone

And the hits keep coming for the SEC.

https://x.com/Safety/status/1744924042681897343

With fingers being pointed and blame being apportioned for the SEC
screw-up, X's Safety team have provided a rather awkward statement on
the results of their probe of the breach.

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.

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.

And there it is, just as the mainstream establishment would have loved
to blame Elon Musk, or X, it turns out the world's leading securities
regulator was incapable of utilizing two-factor authentication on an
account that by all standards can be extremely market-moving in its
capabilities.

One thing to keep in mind if you're considering listening to
@GaryGensler and the @SECGov: these cartoons can't even keep their
twitter/X account safe.

Cryptocurrency: US SEC Gov Approves Bitcoin ETFs Amid Epic Shamefest, Crypto WINS !

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Hilariously fucking epic media disaster for US Govt...

https://twitter.com/SECGov/status/1744829327294837236
U.S. Securities and Exchange Commission @SECGov 23m
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.
"US SEC: Today's approval enhances market transparency and provides
investors with *efficient access to digital asset investments within
a regulated framework.* -- Chair, Gary Gensler (tweet image text,
facepic, *bold)"
Jan 9, 2024 - 9:11 PM UTC
5,471 18,855 9,634 38,889
- We Won!

https://twitter.com/GaryGensler/status/1744833049064288387
Gary Gensler @GaryGensler 2h
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.
Jan 9, 2024 - 9:26 PM UTC
23,394 10,067 16,933 25,363
- How are you supposed to protect investors when you can't even
protect your Twitter account?
- PROOF YOU WERE HACKED OR ITS MARKET MANIPULATION
- how do we know this account's not compromised??
- LOL! WHAT IS THIS CLOWN WORLD
- The hacker had the opportunity to do the funniest thing in the
world, and he did it :)
- Please get your own security figured out before worrying about ours
- PROTECTING INVESTORS BUT YOU CANT PROTECT YOUR X ACCOUNT
- At this point it's fairly obvious Gary is just farming ad revenue
- Market manipulation by the SEC. You can't make it up lmao.

https://twitter.com/SECGov/status/1744837121406349714
U.S. Securities and Exchange Commission @SECGov 2h
"The @SECGov X account was compromised, and an unauthorized post
was posted. The SEC has not approved the listing and trading of
spot bitcoin exchange-traded products."
Jan 9, 2024 - 9:42 PM UTC
8,932 3,653 3,125 11,126
- You usually give penalties in the 100s of millions when other
private investment firms make mistakes like this that manipulate
the market... What will you do to fix this?
- Was the account actually compromised or was a drafted tweet
released prematurely by someone who had authorized access to the
account? There is a material difference and you need to be transparent
with the investing public.
- Well technically the first sentence is correct. Not so sure about
the second one though.
- AND THEN WE TOLD THEM WE GOT "HACKED"
- How do I get my money back from the SEC? I bought Bitcoin because
the SEC tweeted the ETFs were Approved then the Bitcoin price
crashed?
- Thanks, can you elaborate on this earlier tweet of yours?
- You are a disgrace! You defrauded the people you manipulated. SEC
must be tried!!!
- This is straight up fucking clown world.
- you wont fool us Gary ...
- ARE YOU NOT ENTERTAINED?!
- I lost all my money because of you!!!
- YOU GOT YOUR ACCOUNT HACKED AND BACK THAT QUICK?!!!? It takes us
fucking weeks... I call bullshit. Something stinks here.


"Today is evidence that regulators do not keep anyone "safe." They've
stalled the #Bitcoin ETFs for months only to screw up colossally
on the eve of approvals. Regulators don't "protect investors," they
protect Wall Street."

"Who will regulate the regulators?"

"Our elected officials insider trade & make millions, as do Federal
Reserve presidents; no one goes to jail. Our regulators who are
supposed to prevent market manipulation and "protect investors"
can't even protect their X account & turn a blind eye to the crimes
of the elites."

"What's so weird is that he isn't saying the tweet is wrong; also
this has to be North Korea. BTW based on what I'm hearing there's
going to be a massive investigation into this."

"BREAKING: Securities lawyers tell @FoxBusiness the @SECGov will
have to investigate itself for market manipulation after moving the
price of $BTC up and down following the hacked tweet that it had
approved the first spot BTC ETF and then saying it was fake. That
said, for the SEC not to approve tomorrow would be unprecedented;
it has never rejected ETF applications that have gone as far as
these. Developing..."

"BREAKING: The $BTC ETF announcement hack would have violated new
@SECGov rules adopted in July that require a high level of "cyber
security risk management," securities lawyers tell @FoxBusiness"

"The SEC is going to be forced to sue itself."