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US PROSECUTORS EXPECTED TO OFFER PLEA DEAL TO ALLEGED SEC HACKER During a hearing, U.S. prosecutors announced their intention to offer a plea deal to Eric Council Jr., the Alabama man accused of hacking the SEC’s social media account. Council, 25, allegedly took over the SEC’s… https://t.co/3NdZ6SHXSX
SEC SOCIAL MEDIA HACKER FACES PLEA DEAL OFFER AS BITCOIN ETF FALSE ANNOUNCEMENT CASE UNFOLDS Prosecutors are preparing a plea deal for Eric Council Jr., charged with hacking the SEC’s X account in January and falsely claiming that spot bitcoin ETFs were approved. The fake… https://t.co/FAJHZ0gsRT
Prosecutors expected to offer plea deal to alleged SEC hacker who falsely said Bitcoin ETFs were approved https://t.co/oMVBEvmdil
U.S. prosecutors are preparing to offer a plea deal to Eric Council Jr., a 25-year-old man from Alabama, who is accused of hacking the Securities and Exchange Commission's (SEC) social media account in January. Council allegedly made a false announcement claiming that the first-ever spot Bitcoin exchange-traded funds (ETFs) had been approved. This case marks the first stand-alone crypto tax fraud case leading to a guilty plea, as reported by legal sources. The details of the plea deal have not yet been disclosed, but it is expected to unfold in upcoming hearings.