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On Tuesday, the SEC’s official X (previously Twitter) account, @SECgov, tweeted that the company had authorised a variety of spot bitcoin exchange-traded fund (ETF) functions to start buying and selling, a message that was finally proven to be faked by somebody who was capable of achieve entry to the account by way of the telephone quantity related to it. On Friday, the SEC assertion supplied a timeline of occasions on Tuesday, saying the primary “unauthorized put up” got here at 4:11 p.m. ET (21:11 UTC), and SEC Chair Gary Gensler revealed his clarification quarter-hour later.
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