Arrest Made in SEC X Account Hacking Linked to Fake Bitcoin ETF Announcement

Reported about 1 month ago

An Alabama man, Eric Council Jr., has been charged with hacking the US Securities and Exchange Commission's X account, allegedly posting a false announcement about the approval of Bitcoin ETFs. The hack, which occurred a day before the SEC's official announcement, caused Bitcoin's value to briefly spike by $1,000 before plummeting once the post was identified as fraudulent. Council reportedly used stolen personal information and a SIM swap technique to gain access to the account, leading to criminal charges that include aggravated identity theft.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis