Crypto leaders decry SEC mishap over spot bitcoin ETF news: ‘Biting my tongue so hard it’s bleeding’ | Headlines | News | CoinMarketCap
01/10/2024 06:22
The collective cryptocurrency industry was thrown for a major loop on Tuesday after the Securities and Exchange Commission had to say that spot …
The collective cryptocurrency industry was thrown for a major loop on Tuesday after the Securities and Exchange Commission had to say that spot bitcoin ETFs had not yet been approved despite an unauthorized tweet that had been posted on its X account that said otherwise.
In the aftermath, crypto executives and analysts took took to X on Tuesday to air out their grievances.
"Today, the @SECGov continued its quest to harm US investors. Time for the SEC to hold the SEC accountable!" said Tyler Winklevoss on X, adding, "I expect @SECGov Enforcement to send the SEC’s Social Media and Cybersecurity teams a Wells Notice any minute."
Ripple CEO Brad Garlinghouse, who was sued by the SEC in 2020, said the agency should even investigate itself.
"Days like this remind me that 1/ the …