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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.

Updated Jun 14, 2024, 5:05 p.m. Published Jan 10, 2024, 5:40 p.m.
U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)
U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)