It was the fake tweet heard ‘round the world. And now it’s been immortalized on the Bitcoin blockchain.

After U.S. Securities and Exchange Commissioner Gary Gensler confirmed that the Twitter account of the regulatory agency was compromised and used to falsely announce the approval of a spot Bitcoin ETF, someone archived Gensler’s response in an Ordinals Inscription.

“Just so we don’t forget, this tweet has been immortalized on Bitcoin forever,” digital artist Billy Restey tweeted.

On Tuesday, the official SEC Twitter account announced that all thirteen spot Bitcoin ETFs had been approved when, in fact, none had been approved. The subsequent revelation that the tweet was fake sent the price of Bitcoin plunging from $47,680 to just above $45,500.

Over 53 million Ordinals inscriptions have been created since the protocol was introduced last January, with the Gensler tweet attributed to Restey being inscription
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Author: Jason Nelson

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