🚨 Crypto News Flash! 🚨
Eric Council Jr., 25, from Alabama, was arrested for hacking the SEC's X account in January 2024. Using a SIM swap attack, Council falsely announced Bitcoin ETF approvals, causing BTC to spike by $1,000 before crashing by $2,000. He's charged with identity theft and fraud.
- SIM swapping: Attackers trick carriers to hijack phone numbers.
- Council used fake IDs to access the SEC's account.
- FBI warns of the financial risks of SIM swapping.
What are your thoughts on SIM swapping and market manipulation? Drop your comments below! ⬇️