🚫 14 months for fake $BTC #etf
In January 2024, a guy from Alabama hacked account #SEC on X and wrote that the ETF for Bitcoin had been approved. The price jumped by $1,000 — then it crashed by $2,000.
Yesterday he was sentenced to 14 months in prison.
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📌 Belferman on this: Stealing an SEC account, influencing the market, soaring and crashing along with the price — this is either a movie or trading in 2024.
But the moral is the same: you can't profit from fakes. Even if the chart initially says “yes.”
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🔐 Don’t hype — analyze.