The Crypto World Is Losing Its Mind Over the SEC’s X Debacle
The X account belonging to the Securities and Exchange Commission was hacked on Tuesday, allowing a fake announcement to be posted to the web concerning a much-awaited happening in the crypto world: the first Bitcoin ETFs. The announcement claimed the ETFs had been approved but, as it turns out, that’s not true. When it became apparent that the announcement was, indeed, fake, all hell broke loose in the web3 community.He Tossed His Bitcoin, Now He Wants It BackOn X, the tenor of the conversation among crypto denizens was…