SEC Twitter hijacked to push fake news of hotly anticipated Bitcoin ETF approval The SEC today said its Twitter account was hijacked to wrongly claim it had approved a bunch of hotly anticipated Bitcoin ETFs, causing the cryptocurrency to spike and then slip in price. In a now-deleted tweet shared in the past hour, the American financial regulator appeared to say: "Today the SEC grants approval for # …
You are being worked by russia like a marionette. You would have to be completely unaware of the world around you to put faith in ANYTHING that touches ex twitter at this point. Musk is a proven putinesta. He was hoping to be installed as an American Oligarch. Putin probs has sex tapes of him right next to frumpies in his personal library. Relying on this guy is irresponsible at least, and down right deadly at most.
That seems a little tinfoil. Elon may not be the shrewdest businessman but I expect he would understand that this would produce a brief spike at best. There's also the issue that we know Tesla's wallet addresses so a sell off would be obvious.
Even if all the BTC Tesla sold off a while back went into some mysterious highly laundered account owned by Elon and he managed to sell them all at the top of the jump (remember, a pump and dumper only knows a spike will occur), the profit would only amount to around $53m or about 2 days of profit (not revenue) from Tesla alone. Considering the consequences, I'm not sure why he'd undertake such a risky operation with so many failure points and such a huge penalty if caught for a relatively minor payout.
Musk knows he can get away with making something Tesla up, announcing it will arrive imminently, then selling off Tesla stock when it pumps. He’s done it over and over, an order of magnitude more than several others are serving lengthy terms in prison for. He doesn’t need to pump crypto.
"He doesn’t need to pump crypto."
He's named in the largest court case ever filed for pumping Doge, $258BN. He's not in the dock all by himself, so are all of the companies that he is involved with. I'm itching for that case to get going. I hope somebody will fund the cost of the transcripts and post them (public records are very expensive these days).
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