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Hacker arrested for the fake SEC tweet that caused a Bitcoin price spike


All he allegedly needed was a fake ID.

By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. To carry out this scheme, Council is accused of creating a fake ID using the information belonging to the person in control of the SEC’s X account. Finally, Council was able to gain control of the SEC’s account using recovery authentication codes sent to the number, and later return the iPhone to the Apple Store where he’d bought it.

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