FBI arrests man over SEC hack, alleging bitcoin manipulation (www.reuters.com)
from AmbiguousProps@lemmy.today to technology@lemmy.world on 17 Oct 2024 23:42
https://lemmy.today/post/17804890

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db2@lemmy.world on 18 Oct 2024 00:02 next collapse

tf does the sec have to do with bitcoin lol

bassomitron@lemmy.world on 18 Oct 2024 00:41 collapse

The SEC is the regulating body for the US stock exchange. Numerous companies on the stock exchange are heavily involved in Bitcoin. And if I recall correctly, Bitcoin is also exchanged through platforms regulated by the SEC. There are other things the SEC oversees that could be directly/indirectly related to crypto as well.

shortwavesurfer@lemmy.zip on 18 Oct 2024 00:11 collapse

The SEC should have been using the proper two-factor authentication methods through an app instead of SMS-based. You lose access to your account because of an SMS based two-factor authentication. Simsoop. That’s your own damn fault because you weren’t taking the proper security precautions.