Eric Council Jr. was sentenced to 14 months for hacking the SEC’s X account and falsely announcing a Bitcoin ETF approval. The hoax briefly spiked BTC $1,000, erased $50B in value, and caused $220M in liquidations.
#SECHack #CryptoCrime #BitcoinETF #MarketManipulation #CyberFraud #BTC #DOJ #SIMSwap
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🚀 Justice served! The SEC X hacker gets 14 months. Learn how this cyber fraud impacted Bitcoin ETF news. #SEChack #BitcoinETF #CyberFraud
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Ο άνδρας από την Αθήνα της Αλαμπάμα χρησιμοποίησε πλαστή ταυτότητα και ένα νέο iPhone για να πραγματοποιήσει μια επίθεση «SIM swap» στον λογαριασμό X της Επιτροπής Κεφαλαιαγοράς (SEC) των ΗΠΑ, προκαλώντας οικονομικό χάος. #SECHack #Bitcoin
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Just in: Hacker Eric Council Jr. gets 14 months for that wild 2024 SEC X account takeover via SIM swap. Remember the fake Bitcoin ETF pump? Ouch.
#CyberSecurity #SECHack #CryptoCrime
📢 SENTENCIA INMINENTE: Eric Council Jr., acusado de fraude relacionado con ETF de Bitcoin, enfrenta posible tiempo en prisión. La SEC subraya la gravedad del delito en el mercado cripto. Detalles finales pendientes. #Bitcoin #SECHack #CriptoRegulación
#CryptoTwists #SECHack
Today's volatile market, a supposed SEC tweet on ETF approval sent Bitcoin soaring to $47,600, only to plummet to $45,400 as the tweet was deemed a hoax by Gary Gensler. Will the SEC is now postponing its ETF decision, highlighting the market's volatility. Or Manipulating!