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What was the point of the Twitter / X hack?
“I kind of don’t understand the trade here?” Bloomberg columnist Matt Levine writes of the hack of the SEC’s Twitter account yesterday, in which a fake approval of Bitcoin ETFs was briefly posted.
Linda Yaccarino was at CES yesterday to try to talk more businesses into using Xitter. If I were a troll, using the opportunity of screwing with one of X’s core constituencies and the feds at that precise moment in time would be too good to pass up. The trade is an epic lol, I believe.
The SEC Got Trolled on Bitcoin ETFs
[Bloomberg]
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