Big news about Bitcoin! A man tricked the SEC's Twitter account, making it look like Bitcoin ETFs were approved. This caused Bitcoin's price to go up and down really fast!
- A hacker took over the SEC's Twitter account.
- He faked a news story about Bitcoin ETFs (like special Bitcoin investments).
- This made Bitcoin's price jump $1000, then drop $2000.
- The hacker used a method called 'SIM swapping' to take control.
Fact | Details |
---|---|
Bitcoin Price Change | +$1000 then -$2000 |
Hacker's Punishment | Up to 5 years in prison |
Hacker's Payment | $50,000 in Bitcoin |