Eric Council Jr., the man of the Alabama responsible for hacking the X account of the Securities and Exchange American Commission (SEC) to falsely publish that the agency had approved negotiated Bitcoin funds, should plead guilty in the case .
A “order to consent to confiscation”, filed by the Federal Court of DC, the Council agreed to plead guilty of conspiracy in order to commit an aggravated identity and access to the fraud of the devices, and will lose 50,000 $ as a product of these offenses.
The council, according to the accusation, used a false identity card to encourage an employee of the telephone store to help him and his co-conspirators to access a device with access to the X account.
Judge Amy Berman Jackson set the Council’s conviction for May 16. The case stems from the long -awaited approval of the FNB Bitcoin Spot’s SEC, the security violation leading to a shared position on the agency’s account one day before real approval.
At the time, the approval of these funds was impatiently expected, as these were largely involved in large flows of institutional investors. The False X Post sent the price of Bitcoin which increased briefly.
The FBI stopped the Council in October to divert the X account from the SEC.
