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FBI Arrests Alleged SEC Hacker Linked to Fake Tweet Saying Bitcoin ETFs Were Approved

Eric Council Jr. allegedly hijacked the SEC's X account and then handed control to unnamed co-conspirators, whose fake post drove up bitcoin's price.

A fake SEC tweet briefly roiled the bitcoin market in January. (Nikhilesh De/CoinDesk)
A fake SEC tweet briefly roiled the bitcoin market in January. (Nikhilesh De/CoinDesk)