Wu Blockchain (@WuBlockchain): Eric Council Jr. of Alabama was sentenced to 14 months in prison and ordered to forfeit $50,000 for conducting a SIM swap scheme to gain unauthorized…
Estimated coin impact
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- BTC-30Negative
Eric Council Jr. of Alabama was sentenced to 14 months in prison and ordered to forfeit $50,000 for conducting a SIM swap scheme to gain unauthorized access to the SEC’s X account and post a fraudulent Bitcoin ETF approval statement on January 9, 2024, causing Bitcoin’s price to temporarily surge by over $1,000. https://t.co/UAEqQHX3FB