What is Nostr?
CoinDesk - by layer3.news
npub1gl0…32nf
2025-02-10 18:52:36
in reply to nevent1q…zvat

Alabama Man to Plead Guilty in Bitcoin-Focused SEC X Account Hack


CoinDesk (nprofile…nhef)
✍️ Eric Council Jr. is set to plead guilty to hacking the SEC's X account and falsely posting that bitcoin exchange-traded funds had been approved.
👉 Eric Council Jr. is set to plead guilty to hacking the SEC's X account
👉 He used a fake ID to trick a phone store employee into helping him access a device with access to the SEC's X account
👉 He will forfeit $50,000 in proceeds from the offenses
👉 The hacking incident led to a brief surge in the price of bitcoin

#EricCouncilJr. #JudgeAmyBermanJackson #Alabama #D.C. #politics
CoinDesk (nprofile…nhef)

According to the charges, Eric Council Jr. used a fake ID to gain access to a device with SEC account credentials and then falsely said spot bitcoin ETFs had been approved..
https://www.coindesk.com/policy/2025/02/10/alabama-man-to-plead-guilty-in-bitcoin-focused-sec-x-account-hack

Author Public Key
npub1gl0dau3qssu973qese6g6k0wuedz0kg7jwmrheg3j4yqgdg4qtvsuq32nf