Close Menu
Cryprovideos
    What's Hot

    Uber to Begin Utilizing Stablecoins, May High Altcoins Soar Subsequent?

    June 6, 2025

    Coresky Airdrop Information | How To Be Eligible?

    June 6, 2025

    Trump Crypto Pockets Goes Darkish Following Stop and Desist – Decrypt

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»SEC hacker counters prosecutors with 366-day sentencing advice
    SEC hacker counters prosecutors with 366-day sentencing advice
    Crypto News

    SEC hacker counters prosecutors with 366-day sentencing advice

    By Crypto EditorMay 13, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Protection attorneys have requested a decide to condemn the particular person chargeable for serving to put up a pretend message saying regulatory approval of Bitcoin exchange-traded funds to roughly a yr in jail, countering prosecutors’ request for a two-year sentence.

    In a Could 13 submitting within the US District Court docket for the District of Columbia, Eric Council Jr.’s authorized crew requested that he be sentenced to no multiple yr and someday in jail following his responsible plea.

    Council was a part of a bunch that took management of the US Securities and Change Fee’s (SEC’s) X account in 2024 via a SIM swap assault, posting a message that prompt the regulator had authorised spot Bitcoin (BTC) exchange-traded fund listings for the primary time.

    “A sentence of twelve months and someday serves the ends of justice,” stated the Could 13 submitting. “It sufficiently punishes the defendant for his function on this case. It additionally promotes respect for the legislation and deters future felony conduct.”

    SEC hacker counters prosecutors with 366-day sentencing advice
    Eric Council Jr.’s sentencing advice, filed on Could 13. Supply: PACER

    Council initially pleaded not responsible to the costs, however modified his plea to responsible in February on one rely of conspiracy to commit aggravated id theft and entry system fraud. The decide overseeing the case, Amy Berman Jackson, additionally ordered prosecutors to “establish the felony and level to the place that info will be discovered within the document” by Could 13.

    Jail sentence between 1 and a pair of years?

    The SEC hacker is scheduled to be sentenced on Could 16. Prosecutors requested the decide to impose a two-year sentence on Council, saying he “profited via a complicated fraud scheme.” Court docket filings confirmed he earned roughly $50,000 via related SIM swap assaults.

    Associated: ZKsync X hacker posts false SEC probe in obvious effort to crash token

    Although Council’s case was seemingly winding down together with his upcoming sentencing listening to, the DC courtroom district may quickly be below new management, doubtlessly affecting the prosecution of crypto-related circumstances. On Could 8, US President Donald Trump introduced that Fox Information host Jeanine Pirro would grow to be the interim US legal professional for the District of Columbia.

    Journal: SEC’s U-turn on crypto leaves key questions unanswered