
An Alabama man, 25-year-old Eric Council Jr from Athens, was arrested by the FBI for allegedly hacking the Securities and Exchange Commission's (SEC) X account on January 9, 2024. Council reportedly used a SIM swap attack to post a fake announcement from SEC Chair Gary Gensler about the approval of spot Bitcoin Exchange-Traded Funds (ETFs), causing Bitcoin's price to spike by $1,000. Operating under the online aliases "AGiantSchnauzer" and "Easymunny," he faces charges of conspiracy to commit aggravated identity theft and access device fraud, and could face up to five years in prison if convicted.




































The FBI has arrested Eric Council Jr., a 25-year-old Alabama man, in connection with the January 2024 hack of the Security and Exchange Commission’s X account falsely stating Bitcoin ETFs were approved for trading that caused $BTC's value to spike by $1,000. https://t.co/PqHlBjOc0l
An Alabama man has been charged over the January hack of the US Securities and Exchange Commission’s X account ahead of its highly anticipated decision on approving a spot-Bitcoin exchange traded fund. $IBIT $FBTC #bitcoin $mstr The Federal Bureau of Investigation agents…
Feds arrest man who allegedly participated in hack of the SEC’s X account, boosting Bitcoin’s price https://t.co/3LwAySqTon