Eric Council Jr Sentenced for SEC X Account Hack
- Eric Council Jr, 26, from Athens, Alabama, sentenced to 14 months in federal prison.
- Involved in a cybercrime conspiracy targeting the U.S. SEC’s X account.
- The hack involved a SIM swap leading to a false Bitcoin ETF approval post on January 9, 2024.
- Bitcoin’s price surged by over $1,000 before the SEC confirmed the post was false.
- Council pleaded guilty to conspiracy to commit aggravated identity theft in February 2025.
- Sentencing includes $50,000 forfeiture and three years of supervised release with restrictions on dark web access and identity fraud activities.
Eric Council Jr received a sentence of 14 months in federal prison following his guilty plea for involvement in hacking the U.S. SEC’s X account through a SIM swap scheme that led to a misleading Bitcoin ETF announcement.
Source (2.6)https://coingape.com/eric-council-jr-sentenced-to-14-months-for-us-sec-x-hack/?rand=24432
