Markets pumped to heaven on an ETF proposal and then it was fake and then SEC actually approved it.
Gangaman666 on
Cool crime 😎
coinfeeds-bot on
tldr; Eric Council Jr. of Alabama was sentenced to 14 months in prison for his role in hacking the SEC’s X (formerly Twitter) account in January 2024. Using a SIM swap attack and a fake ID, Council gained access to the account and falsely announced Bitcoin ETF approvals, briefly manipulating Bitcoin’s price. Arrested in October 2024, Council was also ordered to forfeit $50,000 and faces three years of supervised release. U.S. Attorney Jeanine Pirro emphasized the threat such schemes pose to market integrity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Knowbodyy10 on
Damn, didn’t even know they caught up to him
Enschede2 on
Honestly? That’s some good risk to reward ratio, if he went long beforehand
timbulance on
Crypto prison busy these days
kironet996 on
will the guy who hacked my twitter account get 14 months too?
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That day way quite crazy.
Markets pumped to heaven on an ETF proposal and then it was fake and then SEC actually approved it.
Cool crime 😎
tldr; Eric Council Jr. of Alabama was sentenced to 14 months in prison for his role in hacking the SEC’s X (formerly Twitter) account in January 2024. Using a SIM swap attack and a fake ID, Council gained access to the account and falsely announced Bitcoin ETF approvals, briefly manipulating Bitcoin’s price. Arrested in October 2024, Council was also ordered to forfeit $50,000 and faces three years of supervised release. U.S. Attorney Jeanine Pirro emphasized the threat such schemes pose to market integrity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Damn, didn’t even know they caught up to him
Honestly? That’s some good risk to reward ratio, if he went long beforehand
Crypto prison busy these days
will the guy who hacked my twitter account get 14 months too?