Bitcoin Pumps and then dumps after the SEC Twitter account is compromised and posts a fake announcement saying a spot ETF was approved.

50 thoughts on “Bitcoin Pumps and then dumps after the SEC Twitter account is compromised and posts a fake announcement saying a spot ETF was approved.”

1. Why is Gary’s tweet at 3:26 PM and the SECs tweet at 4:11 PM 😳🤔

2. Stinks like shit

3. Even the SEC and pump and dumping

4. Elon musk?

5. This was not on my bingo card.

6. If the market has been correcting, The actual “news” will make it go up. Its good news

7. If this doesn’t make you wanna grab pitchforks and torches I don’t know what will.

8. Cramer said Bitcoin peaked. It obviously was the pump and dump dog whistle.

9. Seems like they’re getting liquidation going so the whales can invest more right before a massive jump. They know what’s coming. Hold on tight – about to be a massive ride.

10. I don’t understand what takes so long to decide if they’ll approve it or not? Is it paperwork? Process? A required time period? Politics?

11. You can’t trust government organizations.
    Fake news.

12. Still above 45k

13. You guys ever think about how pissing, shitting, and fucking all happen in a 2 in radius?

14. Wild insane rubbish. The question remains, will SEC sue SEC?

15. Who do we know that hates the SEC, loves pumping and dumping, and has the means to hack a Twitter account? Who could it possibly be?!?? /s

16. Talking about manipulación! the SEC needs to be investigated

17. “Decentralized” my ass

18. I’ve always kind of wondered about stuff like this happening, and then being surprised it doesn’t happen more often

19. How do we not know if this was a ‘bluff’ to see what type of action *could happen upon the announcement – approved, liquidity pours in – disapproved, people start to dump, etc. basically like a stunt at the line of scrimmage in football by a defense to try and lure the offense to tip their hand…?

20. who cares? i’m not selling til I retire and I figure most smart people aren’t.

21. How would they make any money? It was a $2000 swing. Unless they drove the price down purposely to buy it 45.

22. This looks so bad on the whole cryptocurrency ecosystem.

    Typical bad actors who ruin the fun for everyone else.

23. That “fake” announcement looked too professional and legitimate to be “fake,” imo. I believe it was real and prematurely sent.

24. So now we know what will happen when the real news hits.

25. Someone clicked POST instead of Save draft, “opsie”.

26. A good glimpse into the powers at play, decent time to protect your Bitcoin mining stocks, bitcoin will do fine.

27. I’d even wager some big money had an idea Boeing would lose that panel.

28. Dang, now they’ll have to make a new infographic.

29. So basically now we all know, when it gets approved it’s only going to spike up to $48K

30. Password was “password”

31. 123 123

32. Do you ever wonder what could be done with all the money put into this fake coin if it was used for other purposes?

33. They use this “mishap” today as an excuse to not approve the spot etf application

    https://x.com/CGasparino/status/1744838264698057082?s=20

34. It was definitely Musk. He loves doing shit like this.

35. Imagine thinking the SEC account got hacked, and it wasn’t just a coordinated pump and dump by the same people who pass through the Wall St revolving door every day.

    For fuck sake, they repealed glass-steagall and never implemented or enforced most of Dodd-Frank. You’ve got CDOs back, too.

36. That’s not the only thing compromised at the SEC

37. Crypto always involved with hack…

38. Lots of Twitter accounts been hacked lately even with 2fa, must be some serious vulnerability.

39. Funding secured

40. If you’re just now getting into Bitcoin you’re already too late. What’s the best it’s gonna do? Double? Great if you buy in millions of $$ or higher. But put in $10k on this risky investment only to be able to walk away, maybe, with $20k? No thanks.

41. Who do we report market manipulation to when it’s the SEC manipulating?

42. Blame X for internal incompetence. Widely disliked Elon is why the sec is negligent.

43. Yeah, it was a pretty good crack move by someone. Excellent way to create a little pump for the dumping, right? Too much attention was on the SEC ruling to ignore that little opportunity.

    Proud of them, whoever it was. Bravo.

    And my trading algo bot did a good move on it, so I’m extra happy, lol.

44. The SEC used legislation and became confused. It hurt itself in the confusion. SEC fainted.

45. I’m not gonna lie…I watched this happen in real time and I let out the biggest Fuck yeah followed by I’m going to the shed to end it all in 1:30 sec. What a great Tuesday.

46. It was most likely on a timer and someone forgot to un set it.

47. I’m sure this will really help the problem of people seeing Crypto as corrupt and unserious…

48. The SEC Twitter account was compromised? I call BS!!!

49. Waiting for SEC to sue SEC .

50. If people think Bitcoin is a wise investment and stable, they are in for a wake up call when it’s last one to the door when it tanks eventually. It has literally no inherent value other than people think it will go higher..

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