SEC X Account’s Alleged Hacker Arrested Over Fake Bitcoin ETF Post

10/17/2024 23:36
SEC X Account’s Alleged Hacker Arrested Over Fake Bitcoin ETF Post

(Bloomberg) -- An Alabama man was charged with hacking into the US Securities and Exchange Commission’s X account in January and issuing a fake post about approval of a Bitcoin exchange traded fund. Most Read from BloombergInside the ‘Utopias’ of Mexico CityOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedHow Mexico City Averted All-Out DroughtChicago Should Consider Furloughs, Higher Booze Tax, Watchdog SaysMexico Seeks to Halve Permitting Time to Attract More FactoriesEric Co

(Bloomberg) -- An Alabama man was charged with hacking into the US Securities and Exchange Commission’s X account in January and issuing a fake post about approval of a Bitcoin exchange traded fund.

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Eric Council Jr., 25, was arrested Thursday morning and charged with conspiracy to commit aggravated identity theft and access device fraud, according to a statement from the US Justice Department.

The case is US v. Council, US District Court, District of Columbia (Washington).

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