Summary
- US prosecutors have announced a request for the forfeiture of profits from the suspect in the SEC account hacking.
- At the time of the hacking incident, a false post about the approval of a BTC spot ETF was uploaded.
- The suspect is known to have personally made a profit of $50,000 at that time.
According to cryptocurrency-focused media Cointelegraph on the 10th (local time), US prosecutors have requested the court to forfeit approximately $50,000 in personal profits made by Eric Council Jr., the suspect who hacked the official X (formerly Twitter) account of the United States Securities and Exchange Commission (SEC) in January last year.
Council Jr. hacked the SEC's official X account at the time and posted a message about the approval of a Bitcoin (BTC) spot Exchange Traded Fund (ETF). The SEC explained that the post was false information due to hacking, and announced the approval of the BTC spot ETF a day later.
Previously, US authorities arrested Council Jr. in October 2024, and he is reportedly claiming innocence regarding the charges.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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