Prosecutors Recommend Two Years in Prison for SEC Hacking Council
2025-05-12 22:58:06
U.S. prosecutors recommended to the District Court for the District of Columbia on May 12 that Eric Council Jr. be sentenced to two years in prison for controlling the SEC's X account through a SIM swap attack in 2024 and publishing the false message that "the SEC has approved a spot bitcoin ETF." "This case is punishable by imprisonment within the range of sentencing guidelines," the prosecutors said, noting that the defendants engaged in a complex fraudulent operation by faking identity documents, misleading communication stores, and transmitting password reset codes to accomplices. Council has pleaded guilty and will appear in court on May 16 to hear sentencing.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美检方建议判SEC黑客Council入狱两年Next article：
区块链云计算公司Nirvana Labs完成600万美元种子扩展轮融资，Jump Crypto等领投
