"US Arrest Man for SEC X Account Hack"
"US Arrest Man for SEC X Account Hack"
According to the Department of Justice (DoJ), a man has been arrested on charges related to hacking the US Securities and Exchange Commission's (SEC) X account in January 2024, resulting in a Bitcoin price spike. The DoJ noted that the individual, Eric Council Jr, aged 25, from Alabama, allegedly conspired with others to take unauthorized control of the SEC's X account, posting a fake announcement that the agency had approved Bitcoin Exchange Traded Funds.