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Eric Council Jr. sentenced to 14 months for hacking SEC’s Twitter, falsely claiming Bitcoin ETF approval.
Eric Council Jr., from Athens, Alabama, has been sentenced to 14 months in prison for his part in a January 2024 hack of the SEC's Twitter account.
The hackers, using a SIM swap attack, falsely tweeted that the SEC approved Bitcoin ETFs, causing a temporary $1,000 spike in Bitcoin's price.
Council pleaded guilty to conspiracy to commit aggravated identity theft and access device fraud.
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Eric Council Jr. sentenciado a 14 meses por hackear el Twitter de la SEC, alegando falsamente la aprobación de la ETF de Bitcoin.