Hester Peirce, U.S. Securities and Exchange Commissioner, taken X sent to social media platforms to warn about fake Telegram profiles impersonating her.
“The person claiming to be me is trying to deceive people,” Pearce said.
That being said, you’d have to be very fooled to think that Perth is (for some vague reason) slipping into their direct messages to promote fake fakes of random coins and giveaways.
“Guys, this is totally weird, but I sent 1 Bitcoin because the SEC Commissioner told me to send 2 Bitcoins and I haven’t received anything yet. Should I be worried?” https://t.co/iD2qzaI1zr
— Bill Hughes 🦊 (@BillHughesDC) October 10, 2025
As reported by U.Today, a similar warning was recently issued by Binance CEO Changpeng Zhao, who revealed that he does not have a Telegram account. CZ complained that he was unable to use Telegram because his phone was frequently spammed with messages that he could not disable.
The problem is that Telegram doesn’t allow you to block DMs from random users who know your handle. As such, public figures tend to stay away from popular messengers (or at least refrain from revealing their handles to the general public).
“Crypto Moms” Demand Accountability
Peirce, affectionately known as “Crypto Mom,” has long been one of the SEC’s staunchest crypto advocates.
Despite the fact that the SEC has abandoned the widely criticized “regulation by enforcement” approach advocated by Gensler and dropped various lawsuits against cryptocurrency companies, Peirce made it clear at the Bitcoin conference in Las Vegas in May that the SEC has little tolerance for bad actors.
She also said speculators should not expect government bailouts when dealing with meme coins and other questionable crypto assets.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.