- False news about the SEC’s approval of BlackRock’s ETF has been creating ripples in the crypto space.
- The SEC commented that the SEC itself is the most reliable source for news about the SEC.
- Messari CEO Ryan Selkis shared his strong opposition to the SEC’s views, addressing the agency as a “corrupt regulator”.
Recently, there has been a lot of debate over the origin of fake news regarding the Securities and Exchange Commission’s (SEC) approval of the first Bitcoin spot exchange-traded fund (ETF) for the asset management firm BlackRock.
The SEC addressed the news with a post on X (formerly Twitter) cautioning readers about the false news spread on the internet, assuring the reliability of the SEC. The regulators cited, “The best source of information about the SEC is the SEC.”
Careful what you read on the internet. The best source of information about the SEC is the SEC.— U.S. Securities and Exchange Commission (@SECGov) October 16, 2023
However, many opposing claims surfaced in response to the SEC’s statement. Messari CEO Ryan Selkis shared his opinion and lambasted the regulators. Selkis asserted that the best source to release new…
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