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Alabama man sentenced to 14 months for hacking SEC account in fake bitcoin ETF post

Policy • May 16, 2025, 3:03PM EDT Quick Take Eric Council Jr, 26 of Alabama, was sentenced to 14 months in prison, according to a statement released on Friday by the U.S. Attorney’s Office for the District of Columbia. In a statement, U.S. Attorney Jeanine Ferris Pirro said Council’s actions hurt the integrity of the markets. The man behind the hack of the U.S. Securities and Exchange Commission’s social media account that falsely claimed spot bitcoin exchange-traded funds had been approved was ...

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