The FBI arrested Eric Council Jr. who used the SEC's X account to post a fake BTC ETF approval in January, causing a price surge.

The Federal Bureau of Investigation on Thursday arrested a 25-year-old Alabama man who allegedly helped take over the Securities and Exchange Commission’s X account, a hack that was a major black eye for the agency and helped lead to a temporary spike in Bitcoin prices.

Eric Council Jr. was arrested Thursday morning, and charged with allegedly hacking the U.S. Securities and Exchange Commission's X account in January and posting a fake post regarding bitcoin (BTC-USD) exchange-traded funds,

An Alabama man was charged with hacking into the US Securities and Exchange Commission’s X account in January and issuing a fake post about approval of a Bitcoin exchange traded fund.

X account @SECGov and a message was posted that the agency had approved bitcoin exchange-traded funds for listing on national exchanges. The po

An Alabama man has been arrested for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Departme

The price of bitcoin briefly spiked more than $1,000 after the post claimed “The SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.”

By Douglas Gillison, Chris Prentice and Sarah N. Lynch WASHINGTON (Reuters) -A 25-year-old Alabama man was arrested on Thursday for hacking the U.S. Securities and Exchange Commission's X account this year as part of an alleged conspiracy to manipulate bitcoin prices,

A 25-year-old Alabama man has been arrested by the FBI for his alleged role in the takeover of the Securities and Exchange Commission's X account earlier this year. The hack resulted in a rogue tweet that falsely claimed bitcoin ETFs had been approved by the regulator,