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Fake Cointelegraph News Causes Losses to Users!
In a shocking development, fake news published by Cointelegraph regarding the SEC approval of the iShares #Bitcoin Spot #ETF caused panic and financial losses for several users. An investor spent 613,201 USDC to buy 20.5 WBTC and quickly sold it for 563,970 USDC after the news was confirmed to be fake. The investor lost $49,000 in just 10 minutes!