Hacker behind fake Bitcoin ETF X post pleads not guilty
Reports from the courtroom suggested that prosecutors would offer a deal for Eric Council Jr., who allegedly helped compromise the SEC’s X account.
Eric Council Jr., the individual charged over his involvement for allegedly hacking the United States Securities and Exchange Commission’s X account and posting a message suggesting that Bitcoin exchange-traded funds (ETFs) had been approved, has pleaded not guilty in a DC courtroom.
In an Oct. 25 arraignment before Judge Amy Berman Jackson in the US District Court for the District of Columbia, Council Jr. entered a plea of not guilty for one charge of conspiracy to commit aggravated identity theft and access device fraud. He was allegedly part of a group that hacked the SEC’s X account in January, publishing a post that claimed the commission had officially approved spot Bitcoin (BTC) ETFs for the first time.
The fake SEC X post — since removed — announcing the approval of spot Bitcoin ETFs. Source: US SEC/X
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Author: Turner Wright
