Close Menu
Cryprovideos
    What's Hot

    How Caffeine AI on ICP is Constructing the Self-Writing Web 🚀

    June 5, 2025

    DOGE, XRP holders reveal secrets and techniques of constructing $27,570 in day by day earnings

    June 5, 2025

    Why are Extra Corporations Constructing an XRP Reserve?

    June 5, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»SEC X Account Hacker Sentenced to 14 Months in Jail
    SEC X Account Hacker Sentenced to 14 Months in Jail
    Crypto News

    SEC X Account Hacker Sentenced to 14 Months in Jail

    By Crypto EditorMay 17, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    SEC X Account Hacker Sentenced to 14 Months in Jail

    Eric Council Jr, the person who hacked the SEC’s X account final January, was sentenced to 14 months in jail at present. Along with the jail time, Council should forfeit $50,000 and be topic to 3 years of supervised launch.

    He was arrested in October 2024, and prosecutors provided him a deal shortly afterward. Council apparently took it in February, pleading responsible to costs of conspiracy to commit aggravated identification theft.

    What’s Subsequent for the SEC X Hacker?

    Firstly of 2024, rumors a couple of Bitcoin ETF approval had been turning into an incredible hype wave. Subsequently, when Council hacked the SEC’s X account to assert that it bought the inexperienced gentle, this triggered market pandemonium.

    Bitcoin rose greater than $1,000 shortly afterwards, and the hunt for Council started. At present, the story lastly ended.

    The US Lawyer’s workplace introduced that Council had been sentenced for the notorious SEC hack. Courtroom paperwork confirmed that he used a SIM Swap to compromise a cellphone with entry to the X account.

    Council continued utilizing comparable scams till the FBI recognized him in August, resulting in his October 2024 arrest.

    “Schemes of this nature threaten the well being and integrity of our market system. SIM swap schemes threaten the monetary safety of common residents, monetary establishments, and authorities businesses.  Don’t idiot your self into pondering you possibly can’t be caught. You may be caught, prosecuted, and pays the worth,” claimed US Lawyer Jeanine Ferris Pirro.

    Apparently, authorities prosecutors repeatedly alleged that Eric Council had a number of co-conspirators in committing the SEC hack. Nevertheless, none of them have been named, arrested, or charged with something but.

    The federal government provided Council a plea deal shortly after his arrest, on the situation that he identify these people. He pleaded responsible to conspiracy costs in February, presumably suggesting that he did certainly cooperate.

    It appears somewhat unusual that there haven’t been any developments on this broader investigation during the last three months.

    Nonetheless, Council has personally confronted justice for his position within the SEC hack. He was sentenced to forfeit $50,000 and spend 14 months in jail.

    After his launch, he will probably be beneath police supervision for the subsequent three years, making certain that he doesn’t entry the darkish internet or commit identification fraud.

    Disclaimer

    In adherence to the Belief Mission tips, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed data. Nevertheless, readers are suggested to confirm info independently and seek the advice of with knowledgeable earlier than making any selections based mostly on this content material. Please notice that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Crypto Hacks Shift Towards Social Engineering in 2025

    June 5, 2025

    53,343,468 XRP Stun Prime US Crypto Trade in One Minute

    June 5, 2025

    Chinese language Firm Strikes To Purchase $300 Million Price Of XRP, SEC Submitting Reveals | Bitcoinist.com

    June 5, 2025

    SEC Clarifies Staking Not a Safety: Boosting Blockchain Innovation

    June 5, 2025
    Latest Posts

    Solo Miner Wins $330K Bitcoin Block Amid Document Problem – Bitbo

    June 5, 2025

    VerifiedX Launches Vault Accounts – Setting a New Normal for Bitcoin Safety

    June 5, 2025

    President Trump's Fact Social Information S-1 Type For Bitcoin ETF

    June 5, 2025

    'Bitcoin Is Michael Jordan', Says NBA Star Tristan Thompson—So Who's Ethereum, Solana and XRP? – Decrypt

    June 5, 2025

    Cointelegraph Bitcoin & Ethereum Blockchain Information

    June 5, 2025

    Greatest Cloud Mining: Earn Passive Earnings with Free Bitcoin Cloud Mining with HJB Miner

    June 5, 2025

    Ethereum Mirrors Bitcoin 2020 Breakout Setup – Historic Run Incoming?

    June 5, 2025

    Bitcoin Flashing Bearish Sign After Failing To Break Above Main Resistance, Says Crypto Dealer – Right here Are His Targets – The Day by day Hodl

    June 5, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    LecksMoney Evaluations SUBBD Presale – Greatest New Crypto to Purchase Now?

    May 18, 2025

    US blockchain corporations urge SEC to make clear crypto staking guidelines

    May 2, 2025

    Crypto customers cool with AI dabbling with their portfolios: Survey

    April 24, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.