I don't really know why anyone would take Apple's hardware security claims at face value after this.
edit: more links, though they're all pretty similar.
https://www.wired.com/story/apple-t2-chip-unfixable-flaw-jai...
https://appleinsider.com/articles/20/10/05/apples-mac-t2-chi...
https://www.zdnet.com/article/hackers-claim-they-can-now-jai...
https://www.theregister.com/2020/10/08/apple_t2_security_chi...
edit 2:
If this is wrong, I'd like to know the truth! Really! Was it a hoax? Is there a patch? What happened?