SEC X Hack Arrest
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•FBI Arrests Hacker Behind Fake BTC ETF Approval Tweet From SEC Account
61% Informative
Eric Council Jr. , 25 , was arrested in connection with the SEC X account hack in January .
A fraudulent post falsely claimed the regulator had cleared the way for a Bitcoin exchange-traded fund.
The post caused the price of Bitcoin to rise by $ 1,000 and then promptly fall by $ 2,000 .
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