Cybersecurity

SEC X Account’s Alleged Hacker Arrested Over Fake Bitcoin ETF Post

  • Alabama man allegedly used ‘SIM swap’ to access SEC iPhone
  • False X post sent Bitcoin price surging by $1,000, US says
Arrest Made Over SEC Bitcoin ETF Post
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An Alabama man was charged over the January hack of the US Securities and Exchange Commission’s X account ahead of its highly anticipated decision to approve spot-Bitcoin exchange traded funds.

Federal Bureau of Investigation agents arrested Eric Council Jr. on Thursday morning and charged the 25-year-old with conspiring to commit aggravated identity theft, according to a statement from the Justice Department.