The Associated Press’ twitter account was hacked and posted about two explosions at the White House with Barack Obama injured.

Associated Press twitter on explosion at white house

Markets responded with a 15 point flash crash in the S&P 500 and 100+ pip drop in GBP/JPY and other yen crosses.

SP 500 flash crash white house explosion twitter hack

The power of twitter on full display right there. Make sure to follow us @forexlive

Hacking an influential twitter and posting market-moving news with gigantic trades in place might be the perfect 2013 crime. My heart goes out to anyone who was stopped out on a trade there.