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02/11/2025
SEC hacker pleads guilty
Investment Executive
The hacker who briefly took control of the U.S. Securities and Exchange Commission’s (SEC) X (formerly Twitter) account last year and falsely posted that the regulator was poised to approve crypto ETFs, has pled guilty for his role in the scheme.
The U.S. Department of Justice (DoJ) announced that Eric Council Jr., 25, of Athens, Ga., pleaded guilty to conspiracy to commit aggravated identity theft and access device fraud, in connection with the SEC account takeover in January 2024.
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