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.

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.

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



