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Everyone Wants the SEC’s Fake News to Be Real

The agency said for months it couldn’t approve bitcoin ETFs because of market manipulation. Then, in a delicious irony, it was itself manipulated, showing how even non-news can move markets.

U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)
U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)