SEC Chairman Retracts Tweet Saying Agency Approved Bitcoin ETFs, Gensler Says ‘Account Was Compromised’

4 comments

1. Securities and Exchange Commission Chairman Gary Gensler said the [agency’s social media account X was “compromised”](https://twitter.com/GaryGensler/status/1744833049064288387) on Tuesday after posting a now-deleted Tweet saying the agency had approved exchange-traded funds for bitcoin.

2. I’m sure alot of people “in the know” made a lot of money on options trading during this fiasco.

3. I, for one, hope this at least takes up a small paragraph in the history books 100 years from now about how big of a butt fumble it’s been just to release “regulated” paper bitcoin.

4. I firmly believe that SEC Gensler should be reprimanded, at least. What did he do, write his password on a sticky under his keyboard?