In a shocking turn of events, a hoax originating from the Securities and Exchange Commission’s (SEC) Twitter account has led to a massive transfer of Bitcoin to exchanges. The mayhem that ensued resulted in a staggering $2 billion worth of Bitcoin being moved.

According to data analytics firm Glassnode, the misinformation that stemmed from the breach of the SEC’s account has had significant financial repercussions. The fallout from this incident has led to trading losses amounting to $750 million in Bitcoin.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment very negative
Relevance Score 1
People None
Companies SEC, Glassnode
Currencies Bitcoin
Securities None

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