FBI Arrests SEC Twitter Hacker Who Posted Fake Bitcoin ETF Approval
In January of this year, the US Securities and Exchange Commission (SEC) preemptively posted the approval of Spot Bitcoin ETFs in the United States. Now, the man behind that has been apprehended, as the FBI has arrested the SEC X (formerly Twitter) hacker who posted the false news. A press release from the US Department of Justice has announced that 25-year-old Eric Council was behind the unauthorized takeover of the account. According to a statement from the US Attorney’s Office of the District of Columbia, the post led Bitcoin to spike by $1,000. JUST IN: FBI arrests man behind SEC Twitter hack who posted the fake spot #Bitcoin ETF approval. — Watcher.Guru (@WatcherGuru) October 17, 2024 Also Read: SEC Commissioner Admits Crypto Approach Has Been ‘a Disaster’ FBI Arrets Man Who Hacked SEC Twitter, Falsley Posted Bitcoin ETF Approval At the start of the year, the SEC approved the first-ever crypto-based ETF in the United States. The decision was a monumental moment for the industry i