Bitcoin ETFail

0 5

Unlock the Editor’s Digest for free

Shot:

Chaser:

And the hangover:

It also ruined someone’s night at Bloomberg.

The original tweet stayed up a surprisingly long time (were they worried about government record retention?) but it has now disappeared. The SEC has also posted the clarification statement on its main account.

We wonder if this means approval of a bitcoin ETF will be off the table because of the risk of price manipulation by the SEC’s X account.

Further reading
— SEC Fines Eight Firms for Deficient Cybersecurity Practices, Issues Warning About Importance of Robust Policies and Procedures and Accurate Disclosures (Clifford Chance)



Read the full article here

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy