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On Tuesday, the SEC’s official X (previously Twitter) account, @SECgov, tweeted that the company had accredited quite a few spot bitcoin exchange-traded fund (ETF) functions to start buying and selling, a message that was in the end proven to be faked by somebody who was capable of acquire entry to the account by the telephone quantity related to it. On Friday, the SEC assertion supplied a timeline of occasions on Tuesday, saying the primary “unauthorized submit” got here at 4:11 p.m. ET (21:11 UTC), and SEC Chair Gary Gensler revealed his clarification 15 minutes later.
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