Arrest made in SEC hack resulting in bitcoin price spike
- An Alabama man, Eric Council Jr., was arrested for his alleged involvement in a January 9 hack of the SEC's X account, which caused bitcoin's price to spike by over $1,000.
- Council is charged with conspiracy to commit aggravated identity theft and access device fraud, expected to appear in U.S. District Court later on Thursday.
- He reportedly executed a SIM swap attack to gain access to the SEC's X account and was allegedly paid in bitcoin by co-conspirators for his actions.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left6Leaning Right3Center13Last UpdatedBias Distribution59% Center
