Eric Council -Jr. from Alabama He found himself guilty To be an accomplice in the unauthorized absorption of the account of the US Securities and Exchange Commission last year. In early January 2024, the official account SEC X Twisted These bitcoin ETFs were approved “for listing in all registered national securities exchanges”, but the SEC chairman Gary Gensler quickly announced that the agency’s account was compromised. The commission later said that it was victim of an exchanging SimAlthough he also admitted that the account was not protected by multifactorial authentication. The Council was those who exchange the SIM card, the Ministry of Justice reports.
The Council used the printer of identification cards to create a fake identifier, which he then used to receive access to the phone number related to the SEC account. In the exchange of the SIM card, the criminal, as a rule, makes the user reassign the phone number to a new SIM card that they control. His accomplices who paid the Council to Bitcoin, then changed the SEC account password to control it before publishing false news along with a fake quote by Hensler. As for why the SEC account was protected by MFA, the agency previously stated that he asked the auxiliary personnel X to disconnect it in July last year, because he had problems with access to the account. But he remained disconnected until the account was compromised.
The Council, which was arrested in October, pleaded guilty of fraud with the surprise of personal data and fraud with access devices. It will be sentenced on May 16 and may encounter up to five years in prison. The Ministry of Justice said that Bitcoin grew by $ 1000 after a fake announcement increased and then fell by $ 2,000 when the SEC made correction.