SEC X account hacker pleads guilty, previously posted false approval消息 of Bitcoin ETF
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SEC X account hacker pleads guilty, previously posted false approval消息 of Bitcoin ETF
According to Bloomberg, Eric Council Jr., a 25-year-old man from Alabama, pleaded guilty in a federal court in Washington to participating in the hacking of the U.S. Securities and Exchange Commission's (SEC) official X account and posting false information about approval of a bitcoin ETF. The sentencing has been scheduled for May 16. The incident occurred on January 9, 2024, when hackers breached the SEC's official X account and posted misinformation about bitcoin ETF approval, causing a temporary spike in bitcoin prices. Prosecutors allege that Council Jr. used forged identification and tricked employees at a mobile phone store into assisting him in gaining access to victims' phones. The SEC officially approved the first spot bitcoin ETF applications the following day.
Navigating Web3 tides with focused insightsTechFlow reported on February 11, according to Bloomberg, that Eric Council Jr., a 25-year-old man from Alabama, pleaded guilty in a federal court in Washington to participating in the hacking of the U.S. Securities and Exchange Commission's (SEC) official X account and posting false news about bitcoin ETF approval. The sentencing has been scheduled for May 16.
The incident occurred on January 9, 2024, when hackers breached the SEC's official X account and posted false information about bitcoin ETF approval, causing a temporary surge in bitcoin prices. Prosecutors allege that Council Jr. used forged identification documents and tricked employees at a mobile phone store into assisting him in gaining access to the victim’s phone. The SEC officially approved the first spot bitcoin ETF listing applications the following day.
