SEC's Hacked Tweet Triggers $220M Losses for Over 70,000 Traders in Bitcoin ETF Market 🚨

A security breach on the SEC's social media led to a misleading tweet, causing massive liquidations and losses exceeding $220 million among traders, especially on Binance and OKX. Learn how this incident impacted the crypto community.

SEC's Hacked Tweet Triggers $220M Losses for Over 70,000 Traders in Bitcoin ETF Market 🚨
Benzinga
279 views • Jan 10, 2024
SEC's Hacked Tweet Triggers $220M Losses for Over 70,000 Traders in Bitcoin ETF Market 🚨

About this video

The SEC's social media breach impacted over 70,000 traders, with a majority suffering losses in long positions.<br /><br />Binance and OKX experienced the highest liquidation volumes, totaling $83.88 million and $73.97 million respectively.

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279

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1:01

Published

Jan 10, 2024

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