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Jailed for 14 Months: Hacker Behind Shocking Fake Bitcoin ETF Scandal Exposed!

Criptomoeda

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SEC’s HACKER GETS 14 MONTHS FOR EPIC SIM SWAP SCAM!

Confessions of a Crypto Con! 🚨

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! 💰

The INCREDIBLE Heist! 💥

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 SEC’s phone number—setting the stage for chaos! 🚀

Once in possession of that golden ticket, Council activated a new iPhone and started rolling in the password reset codes for the SEC’s X account. His partners swooped in, using those magical codes to unleash a FALSE announcement claiming the SEC had approved Bitcoin ETFs. 🤑

Bitcoin Bubbles BURST! 📉

Within MINUTES, Bitcoin’s price skyrocketed by over $1,000, only to nosedive by more than $2,000 once the SEC clarified the hoax! 🌀 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! ⚖️

Arrested last October, Council didn’t 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: “This is a wake-up call! Digital fraudsters will be exposed!” 💪

Lost in the Underworld! 🚨

As if one scam wasn’t enough, investigators uncovered Council’s depths of deceit! A treasure trove of equipment including a portable ID printer and a laptop loaded with FORGED DOCUMENT templates? Unbelievable! 😱 Interviews revealed he even searched online for “SECGOV hack” and “what are some signs that the FBI is after you.”

THE FINAL STRAW! 🎭

Council pled guilty to conspiracy to commit aggravated identity theft and will forfeit $50,000—the exact sum he scampered away with. His life now includes three years of supervised release—NO more sneaky cyber games! 🕵️‍♂️

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 effective” and in desperate need of a makeover! 🔥

Don’t 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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