Man was imprisoned for his role in the attack, which caused Bitcoin price to soar
A 25-year-old man from Alabama was sentenced to 14 months in prison for a hack, causing Bitcoin cryptocurrency to soar briefly.
Eric Council Jr., Athens, Alabama.
The tweet was accompanied by a very corporate image, portraying the news that SEC Chairman Gary Gensler recognized. Frankly, this tweet isn’t much, which can raise suspicion among typical Twitter users – even those who think they are proficient in cybersecurity.
Sure enough, the announcement caused an immediate and dramatic spike in the value of Bitcoin before it slipped again after Bitterler Confirm on his personal account SEC’s account has been compromised.
According to court documents, the council is part of an online gang that specializes in mocking and hijacking of social media accounts. His role is to mimic the person who manages SEC Twitter accounts – he achieved his goal after creating a fake ID with his face and name.
The council walked into an AT&T store in Huntsville, Alabama with a fake ID card and convinced a retail employee to hand over the SIM card to the victim’s phone number.
He then competed for an Apple store, bought an iPhone, plugged in a SIM card, and blocked the password for his SEC Twitter account. As I described earlier, unfortunately, Twitter makes Reset account password Only by knowing and accessing its associated mobile phone numbers.
Of course, the Council not only knows the mobile number associated with the SEC’s Twitter account, but also has a SIM card, which means he has received any message sent to the card.
According to the prosecutor, the council earned $50,000 in revenue from the plot.
In June 2024, the FBI searched the Council’s apartment and found a fake ID card and a portable ID card printer. Checking the council’s laptops, they also found some guilty internet searches:
- “Secgov Hack”
- “Telegram Sim Exchange”
- “How can I be sure if I’m under investigation by the FBI?”
- “Even if you are not in contact with them, you are still investigating in law enforcement or the FBI”
- “What are the signs of the FBI after you”
- “Verizon Store List”
- “Federal Identity Theft Regulations”
- “How long does it take to delete a telegram account”
The Council, facing up to five years in prison, was sentenced to 14 months in prison by Judge Amy Berman Jackson and ordered the confiscation of $50,000. After completing the incarceration, the Council will have to obey the “three-year supervised release” without using his computer to access the blacknet or conducting further identity fraud.
