26 -year -old Eric Council Junior was sentenced to 14 months in prison on Friday and was supervised by three years for participating. Hack of Official X account of the US Securities and Exchange Commission.
The US Department of Justice announced the sentence A press release. The council and other hackers seized the SEC’s X account in 2024 to announce that the agency had approved Bitcoin Exchange Trade Funds, or ETFS, which increased the price of cryptocurrency before falling later.
According to the DOJ, the Council and its co -conspirators performed a performance SIM exchange Attack against a cellphone account of someone who had access to the SEC’s X account, which allowed hackers to control their phone number. From there, hackers reset the SEC’s XC account password, and give them control over the account.