Alleged Bitcoin crook faces 5 years after SEC’s X account pwned

October 18, 2024 at 08:39AM An Alabama man, Eric Council Jr, faces five years in prison for allegedly manipulating Bitcoin prices by hacking the SEC’s social media account. A false post about Bitcoin ETF approval caused Bitcoin’s price to spike, followed by a significant drop after the SEC retracted it. He is charged with conspiracy … Read more

Alabama Man Arrested in SEC Social Media Account Hack That Led the Price of Bitcoin to Spike

October 18, 2024 at 05:54AM An Alabama man has been arrested for his involvement in hacking the SEC’s X account, an incident that resulted in a significant increase in Bitcoin’s price. **Meeting Notes Takeaways:** 1. An individual from Alabama has been arrested. 2. The arrest is related to the hacking of the SEC’s X account … Read more