<story><title>SEC has not approved Bitcoin ETFs [fixed]</title><url>https://twitter.com/SECGov/status/1744837121406349714</url></story><parent_chain><item><author>dcolkitt</author><text>The price of BTC initially jumped 3% on the hacked tweet. That&amp;#x27;s $25bn+ of market cap. The irony is the SEC itself is probably now responsible for the largest crypto pump and dump in history.</text></item></parent_chain><comment><author>addicted</author><text>This is quite literally not a pump and dump by the SEC.&lt;p&gt;A pump and dump would require the same entity to be doing the buying, pumping up, and then dumping the asset.&lt;p&gt;The SEC didn’t buy, nor did it sell, nor did it pump up the price (someone pretending to be the SEC pumped up the price).&lt;p&gt;Even assuming that the “largest pump and dump” claim is correct, at most, the SEC was used for that purpose and isn’t “responsible” for it.</text></comment>
<story><title>SEC has not approved Bitcoin ETFs [fixed]</title><url>https://twitter.com/SECGov/status/1744837121406349714</url></story><parent_chain><item><author>dcolkitt</author><text>The price of BTC initially jumped 3% on the hacked tweet. That&amp;#x27;s $25bn+ of market cap. The irony is the SEC itself is probably now responsible for the largest crypto pump and dump in history.</text></item></parent_chain><comment><author>paxys</author><text>Twitter&amp;#x2F;X is not an authoritative source of news, regardless of whether it is an &amp;quot;official&amp;quot; account doing the Tweeting or not. Anyone can get a blue check by paying $8&amp;#x2F;mo.</text></comment>