US Prosecutors Seek 2-Year Sentence for Hacker of SEC Account

Source
Uk Jin

Summary

  • Eric Council Jr. has been sentenced to 2 years for hacking the SEC account and causing confusion in the virtual asset market.
  • He falsely posted news of Bitcoin spot ETF approval, impacting the virtual asset market.
  • The incident has raised awareness about security and reliability issues in the virtual asset market.
Post on the hacked SEC account
Post on the hacked SEC account

A suspect who hacked the X (formerly Twitter) account of the U.S. government agency Securities and Exchange Commission (SEC), which has a significant impact on the virtual asset (cryptocurrency) market, has been sentenced to 2 years in prison.

According to Cointelegraph, a virtual asset specialist media outlet, on the 12th (local time), U.S. prosecutors requested a 2-year sentence for Eric Council Jr. through a complaint filed in the District Court of Columbia.

Eric Council Jr. is accused of hacking the SEC's official X account in January last year and falsely posting a Bitcoin (BTC) spot Exchange-Traded Fund (ETF) approval announcement.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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