US man who hacked SEC’s X account to spike Bitcoin price sentenced to prison

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Eric Council Junior, 26, was sentenced to 14 months imprisonment for participation on Friday and three years’ overstruff release Hack on the Official X Account of the US Security and Exchange CommissionThe

The US judiciary announced to punish A press releaseThe The Council and other hackers adopted the SEC X account in 2021 so that the company approved the trade fund or ETFS on the Bitcoin Exchange, which has increased the price of cryptocurrency before being dropped.

A screenshot of fake SEC posts published by hackers who took control of the @secgv X account on January 9, 2024.
A screenshot of fake SEC posts published by hackers who took control of the @secgv X account on January 9, 2024.

According to the DOJ, the council and his co-conspirators have performed an SIM Attacks against a person’s cellphone account in the SEC X account, which allows hackers to control their phone number. From there, hackers reset the SEC X account password, providing control of their account.

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