Birdwatch Note
2025-01-23 23:44:25 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
SAB121 meant that banks holding any crypto assets had to report them as liabilities. Rescinding SAB121 means that banks can list crypto assets as assets on their balance sheets. This applies to any crypto and is not specific to Bitcoin. https://www.sec.gov/regulation/staff-interpretations/accounting-bulletins/old/staff-accounting-bulletin-121
Written by E2C0D3E76D265A33C5FD5E98B30224AD8F0072BB3D4D224810CFEE0032ABB867
Participant Details
Original Tweet
Tweet embedding is no longer reliably available, due to the platform's instability (in terms of both technology and policy). If the Tweet still exists, you can view it here: https://twitter.com/foo_bar/status/1882565582870270241
Please note, though, that you may need to have your own Twitter account to access that page. I am currently exploring options for archiving Tweet data in a post-API context.
All Information
- ID - 1882575142708298019
- noteId - 1882575142708298019
- participantId -
- noteAuthorParticipantId - E2C0D3E76D265A33C5FD5E98B30224AD8F0072BB3D4D224810CFEE0032ABB867
- createdAtMillis - 1737675865233
- tweetId - 1882565582870270241
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
- harmful -
- validationDifficulty -
- misleadingOther - 0
- misleadingFactualError - 0
- misleadingManipulatedMedia - 0
- misleadingOutdatedInformation - 0
- misleadingMissingImportantContext - 1
- misleadingUnverifiedClaimAsFact - 0
- misleadingSatire - 0
- notMisleadingOther - 0
- notMisleadingFactuallyCorrect - 0
- notMisleadingOutdatedButNotWhenWritten - 0
- notMisleadingClearlySatire - 0
- notMisleadingPersonalOpinion - 0
- trustworthySources - 1
- summary
- SAB121 meant that banks holding any crypto assets had to report them as liabilities. Rescinding SAB121 means that banks can list crypto assets as assets on their balance sheets. This applies to any crypto and is not specific to Bitcoin. https://www.sec.gov/regulation/staff-interpretations/accounting-bulletins/old/staff-accounting-bulletin-121
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