SECs

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    Hacker pleads guilty of taking over SEC’s X account to post fake Bitcoin news

    Hacker Eric Council Jr. pleaded guilty Monday to charges of conspiracy to commit aggravated identity theft and access device fraud after he took over the SEC’s X account in January 2024. Once Council gained access to the account, his unnamed co-conspirators posted a doctored image, message, and fake quote by then SEC Chairman Gary Gensler saying Bitcoin Exchange Traded Funds…

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  • Blog

    FBI arrest Alabama man suspected of hacking SEC’s X account

    An Alabama man was arrested today by the FBI for his suspected role in hacking the SEC’s X account to make a fake announcement that Bitcoin ETFs were approved. The Department of Justice said that 25-year-old Eric Council, of Alabama, and conspirators conducted a SIM-swap attack to take over the identity of the person in charge of SEC’s X account.…

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