Guilty Plea in Hacking of the SEC's X Account That Caused Bitcoin Value Spike
ID: 1067bef6-164a-518e-826e-e5d319cc2e99
STIX ID: report--1067bef6-164a-518e-826e-e5d319cc2e99
Feed Name: Dark Reading
Threat Score
A press release reports that Eric Council pleaded guilty to conspiracy to commit aggravated identity theft for performing SIM swap attacks that enabled co-conspirators to hijack the SEC's official X account and post a fraudulent Bitcoin ETF approval, causing significant BTC price movement; investigators seized a fake ID, portable ID printer, and laptop, and Council admitted to receiving approximately $50,000 for SIM swap activity.
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