FBI arrest Alabama man suspected of hacking SEC’s X account

October 17, 2024 at 02:22PM Eric Council, a 25-year-old from Alabama, was arrested for allegedly hacking the SEC’s X account using a SIM-swap attack, resulting in a fake announcement about Bitcoin ETF approvals. The scheme caused Bitcoin’s price to fluctuate dramatically. Council faces charges of conspiracy and identity theft, with a potential five-year prison sentence. … Read more