Securities and Exchange Commission (SEC), a U.S. agency responsible for enforcing the law against market manipulation, said that a message on X claiming the approval of a bitcoin exchange-traded fund (ETF) was not authorized and that their account was hacked, according to AP News. The post on X had falsely announced the approval, claiming “The SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.” This caused a temporary surge in bitcoin’s price to more than $1,000. A bitcoin ETF would allow people to invest in bitcoin without buying it directly fro…

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