Cryptocurrency markets have recently focused solely on the endorsement of US ETFs. US Securities and Exchange Commission (SECThe ETF approval of spot Bitcoin (BTC) trades by ) will allow large corporations to purchase BTC directly. In this case the market billions of dollars waiting for the money flow.

While the issue is very critical, so is the SEC irrational behavior exhibitions. Statements on this subject show that every effort is being made to postpone the decision that has been postponed for years. An incident from last night:Give up!” he said.

ETF approval was shared via the SEC’s official X account: But…

SECs”@SECGov” official account with username X, last night organized an important exchange. In the aforementioned post the news that has been awaited for years for BTC Ultimately, ETF approval was granted was expressed. This was very important because it was only a matter of time before billions of dollars of money entered the cryptocurrency markets. However, minutes after the post, an interesting development occurred.

Here is the message from the SEC:

It was announced that the account was hacked 🙂

SEC Chairman Gary Gensler posted a new message minutes after the SEC’s announcement, sharing the news in question. it’s not true told. According to Gensler’s statement, the SEC account was hacked.

Gensler for the cryptocurrency market a dangerous name. Because there were very high profile claims about him in the past. It came up. There are people who remember it; Gary Gensler opened millions of dollars worth of BTC shorts just before suing Binance last year. The authorized name is therefore that of BTC that it will fall He filed a lawsuit and then started the lawsuit.

X’s security team confirmed the hack: whether to believe it or not is a matter of debate!

“One of the accounts linked to X”Safety“, shared a message on the topic and explained that the SEC had obtained unauthorized access to his account. However, this explanation was not very satisfactory. Because, according to the statement, unauthorized access was obtained through the telephone number on which the SEC account was registered. In addition @SECGov address two-factor authentication The function was not active.

X’s message about this:

BTC had a sharp drop after what happened!

Hacking the SEC account and what happened next, BTC prices had a hard impact. BTC, which was trading at $47,000 before the announcement, rose from $48,000 to $48,000 with the decision. 44 thousand 750 dollars He showed a hard movement between. Now that the dust had settled, the BTC price reached 46 thousand dollars. This kind of manipulation…