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This whole thing is fishy (phishy?). The cryptocurrency ETF announcement was accurate, merely announced a day early. The "staffer" (a.k.a. intern) was apparent
by breput 3y ago
This whole thing is fishy (phishy?). The cryptocurrency ETF announcement was accurate, merely announced a day early.
The "staffer" (a.k.a. intern) was apparently compromised via the SIM swap, but multi-factor authentication was not enabled and they just happened to know THE email address to reset the password? So someone was able to reset the password and post an innocuous announcement, which was basically what was posted for real the following day, and yet the SEC was able to recover control of the account within minutes to post a rebuttal?
Let's just state the obvious - the intern (or possibly an automated system created by the intern) accidentally posted the legitimate announcement a day early which was embarrassing to the SEC. They are doubling down on the "hack" theory for CYA reasons.