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Alabama Man Sentenced in Hack of SEC X Account that Spiked the Value of Bitcoin

DOJ

2025-05-16 12:00

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Eric Council Jr., 26 of Athens, Alabama, was sentenced today to 14 months in prison for his role in a conspiracy that hacked into the X account of the U.S. Securities and Exchange Commission (SEC) and published fraudulent posts in the name of the then-SEC Chairman, all to manipulate the value of Bitcoin.
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