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SEC’s HACKER GETS 14 MONTHS FOR EPIC SIM SWAP SCAM!
Confessions of a Crypto Con! ๐จ
Meet Eric Council Jr., a 26-year-old mastermind from Athens, Alabama, now facing 14 months behind bars for his role in the audacious SIM swap attack that rocked the SEC’s X account! This isn’t just a techy tale; it’s a dramatic saga of deception, greed, and a wild ride through the world of cryptocurrency! ๐ฐ
The INCREDIBLE Heist! ๐ฅ
On January 9, 2024, Council donned a fake ID and slipped into an AT&T store like a thief in the night. With a cunning smile, he swiped a SIM card linked to the SECโs phone numberโsetting the stage for chaos! ๐
Once in possession of that golden ticket, Council activated a new iPhone and started rolling in the password reset codes for the SECโs X account. His partners swooped in, using those magical codes to unleash a FALSE announcement claiming the SEC had approved Bitcoin ETFs. ๐ค
Bitcoin Bubbles BURST! ๐
Within MINUTES, Bitcoin’s price skyrocketed by over $1,000, only to nosedive by more than $2,000 once the SEC clarified the hoax! ๐ Talk about a rollercoaster ride! Just one day before the SEC’s legitimate ETF announcement, Council’s plot sent shockwaves through the market!
Justice is Sweet! โ๏ธ
Arrested last October, Council didnโt write the bogus post, but he was the puppet master pulling the strings. Prosecutors painted a dark picture of a man "brazenly" using SIM-swapping and identity theft to rig the Bitcoin market for profit. FBI agents were furious: โThis is a wake-up call! Digital fraudsters will be exposed!โ ๐ช
Lost in the Underworld! ๐จ
As if one scam wasnโt enough, investigators uncovered Councilโs depths of deceit! A treasure trove of equipment including a portable ID printer and a laptop loaded with FORGED DOCUMENT templates? Unbelievable! ๐ฑ Interviews revealed he even searched online for โSECGOV hackโ and โwhat are some signs that the FBI is after you.โ
THE FINAL STRAW! ๐ญ
Council pled guilty to conspiracy to commit aggravated identity theft and will forfeit $50,000โthe exact sum he scampered away with. His life now includes three years of supervised releaseโNO more sneaky cyber games! ๐ต๏ธโโ๏ธ
And if you think the drama ends here, think again! The massive SEC breach has thrown the agency’s cybersecurity DEFENSES into question. A chilling report from last December revealed their systems "not effectiveโ and in desperate need of a makeover! ๐ฅ
Donโt miss out on the latest twists in this gripping tale of greed, manipulation, and cyber chaos! Stay tuned for more shocking updates!
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