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Reading: Breaking News: FBI Identified the Person Who Increased the Price of Bitcoin
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EdaFace Newsfeed > Latest News > Security & Hacks > Breaking News: FBI Identified the Person Who Increased the Price of Bitcoin
Security & Hacks

Breaking News: FBI Identified the Person Who Increased the Price of Bitcoin

vitalclick
Last updated: October 17, 2024 4:23 pm
4 months ago
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After hacking the SEC’s Twitter account Bitcoin (BTC) $67,355 The person who shared the announcement that ETF approval was given was identified. In those days everyone SECHe was excitedly waiting for ‘s ETF approval and the price rose rapidly with the announcement.

Cryptocurrency Breaking News

By hacking SEC’s X (Twitter) account in January 2024 BTC ETF The person who posted that his approval was given was arrested in Athens. 25-year-old Eric Council from Alabama was the attacker who caused this sensational incident. Council is charged with aggravated identity theft and conspiracy to commit device access fraud in the indictment unsealed today.

U.S. Attorney Graves said in a just-released Department of Justice announcement;

“These SIM swap traps, where fraudsters trick service providers into giving them control of unsuspecting victims’ phones, cause devastating financial losses for victims. Here, accomplices allegedly used their illegal access to a phone to manipulate financial markets. “Through indictments like this, we will hold those who commit these serious crimes accountable.”

FBI Deputy Special Agent in Charge Geist said the following about SIMSWAP attacks;

“FBI, SIM swapping It works to detect, prevent and investigate cyber-enabled frauds, including SIM swapping is a method used by malicious actors to illegally access a person or company’s sensitive information for the purpose of committing a crime. “In this case, the unauthorized actor used this method to manipulate the global financial market.”

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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