by: xpoolPosted on:

Eric Council Jr. Sentenced for Hacking SEC’s X Account, Market Disrupted

Eric Council Jr., a 26-year-old from Alabama, was sentenced to 14 months in prison for hacking the SEC’s X account and causing market disruption through a false Bitcoin ETF announcement. This attack demonstrates the vulnerability of social media to cybersecurity threats and highlights the sensitivity of cryptocurrency markets to regulatory news.

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