The guilty man is called to penetrate the official SEC X account, and it was a false organizer who agreed to the investment funds circulating in Bitcoin
A man from Alabama pledged guilty to penetrate the account of the US Securities and Stock Exchange Committee (SEC) last year and faces prison for up to five years.
In January 2024, the Eric Junior Council, 25, plotted with others to lead the SEC X account and announces prematurely the approval of the Bitcoin Boys (BTC) in the United States, according to what he said. Ministry of Justice (Doj).
The fake ETF announcement caused an increase in the price of Bitcoin by more than $ 1,000, then decreased by more than 2000 dollars after SEC regained control at the expense of X and announced that the statement was not authorized and the result of security breach. The organizer legally organized for the Bitcoin Spot ETF qualifiers after the security accident.
The Ministry of Justice claims that the council carried out the penetration through unauthorized SIM swap, which involves persuading the mobile phone to be fraudulently to reset another person’s call number to a SIM card, which is controlled by a bad actor.
The Bitcoin Council was pushed to use the stolen identity of the person who was able to access the SEC X account, then the Ministry of Justice claims that the participating conspirators made the fraudulent position.
Alabama’s man pledged to conspire to commit the stealing of the intense identity and defraud the arrival devices and is scheduled to be sentenced in May. He faces up to five years in prison.
Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox
Check the price procedure
Follow us xand Facebook and cable
Browse the daily Hodl Mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
