Hacker arrested for the fake SEC tweet that caused a Bitcoin price spike Hacker arrested for the fake SEC tweet that caused a Bitcoin price spike
Bitcoin
The FBI has arrested an Alabama man who is accused of hacking the Securities and Exchange Commission’s X account in January. The indictment ( PDF ) alleges that 25-year-old Eric Council Jr. worked with co-conspirators to take control of the account and post a fake message from SEC Chair Gary Gensler about Bitcoin ETFs that caused the price of Bitcoin to jump by more than $1,000 momentarily. To carry out this scheme, Council is accused of creating a fake ID using the information belonging to the
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