Get the latest tech news

Hacker Arrested For the Fake SEC Tweet That Caused a Bitcoin Price Spike

The FBI has arrested an Alabama man who is accused of hacking the Securities and Exchange Commission's X account in January. From a report: The indictment alleges that 25-year-old Eric Council Jr. worked with co-conspirators to take control of the account and post a fake message from SEC Chair Gary ...

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. He then allegedly tricked AT&T into providing a SIM card with the victim's phone number and install it into a new iPhone he purchased. 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.

Get the Android app