Summary
The SEC chair announced that the official SEC Twitter account had been hacked, and a fake post about approving Bitcoin investment products was made. This fake news may have been an attempt to manipulate the cryptocurrency market.
Key Points
1. The fake news from the hacked SEC account was received at 4:11 pm, while the real news from Gary Gensler came 15 minutes later.
2. The official Securities and Exchange Commission (SEC) Twitter account had been hacked, as confirmed by SEC Chair Gary Gensler from his personal account.
3. A false post on the hacked SEC account claimed that the commission had approved several Bitcoin investment products, possibly as a manipulation tactic for the cryptocurrency.