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well it was all shaping up to be a fairly unremarkable weekend for crypto until just a few hours ago some huge news broke regarding who else but the Securities and Exchange Commission or SEC that's right every crypto holder's favorite regulator is once again making the headlines but this time for reasons I doubt anyone saw coming in recent weeks.
the SEC has been at war with the crypto industry and recently announced that it plans to sue coinbase for as yet unspecified reasons so who are they going after now you might be wondering well not so fast because it turns out that this time
the SEC itself is the one being served up with a nasty surprise early this morning an anonymous hacker who goes by the Twitter handle of at Fool on the Hill released a whole load of internal SEC documents that he or she had managed to access via the regulator's internal database
now most of the information contained in these documents is pretty vanilla and is generally concerned with mundane matters these include the selection at the staff Canteen at SEC headquarters in Washington DC apparently heavy on soy based products and internal conflict over the agency's logo which is apparently quote not inclusive enough as it quote discriminates against other non-eagle bird species according to many junior staff however things get very interesting in this document which details the agency's financials and the assets on its balance sheet according to the hacker
this document was password protected but they were able to guess the password and gain access yep it appears that even big U.S government agencies use password1234 to secure Vital Information on their computers but if you think that's crazy buckle up because it's about out to get crazier that's because the sec's financial statements contain a very surprising entry you can bet they didn't want anyone to know about as well as a pretty healthy cash balance of around 100 million dollars and a number of real estate assets across the United States the documents reveal that the SEC controls this Dogecoin wallet address but that's not just any Dogecoin address it's the one that contains almost a quarter of all the Doge in circulation worth nearly 2.5 billion dollars just let that sink in the United States
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Securities and Exchange Commission the regulatory body that is working to destroy crypto in the land of the free has just been revealed to be the largest individual holder of the world's biggest and most famous meme coin an address that many speculated could belong to Elon Musk or one of the larger crypto exchanges is in fact controlled by anti-crypto pen pushers in Washington DC and with SEC chairman Gary Gensler set to testify before U.S politicians on the 18th of April just 17 days from now you can bet he's going to have a few rather awkward questions to answer thank you

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