‚A 25-year-old Alabama man, Eric Council Jr., was arrested on Thursday in connection with an unauthorized breach of the Security and Exchange Commission’s X (formerly Twitter) account in January.‘ https://btctimes.com/25-year-old-agiantschnauzer-hacked-secs-x-account-to-cause-spike-in-bitcoin-price/
“The fraudulent post was deleted 25 minutes later, but the brief window was enough to impact the market. Investors bought Bitcoin, leading to a $1,000 price surge. Once the misinformation was corrected, Bitcoin’s price dropped by $2,000, according to the indictment.” So Bitcoin LOST market cap because of this. If I believed in the State I’d class action the SEC for damages.
Fire Gensler!