Erik Junior Council from Alabama Admit To be conspiring in the unauthorized acquisition of Twitter in the US Securities and Stock Exchange Committee last year. In early January 2024, the official X account for SEC Tweet The investment funds circulated in Bitcoin have been approved "To include all national securities registered exchanges," But the President of SEC Gary Ginsner quickly announced that the agency’s account was at risk. The committee later revealed that it was VictimAlthough he also admitted that he was not protected by multiple factors. The council was the person who carried out a SIM swap, according to the Ministry of Justice.
The council used an identity card printer to create a fake identifier that it then used to reach a phone number associated with the SEC account. In SIM swap, the perpetrator usually gets the user transfer company to reset the phone number to a new SIM card that they control. Participated conspirators, who pushed the Bitcoin Council to change the SEC account password to control it before publishing the wrong news with a fake price of Gensler. As for the reason for protecting the SEC account by MFA, the agency previously said that it had asked X support staff to disable it last July, because it was facing problems with reaching the account. But it remained handicapped even after the reckoning.
The council, which was arrested in October, admitted that he was guilty of stealing intense identity and defrauding the arrival devices. He will be sentenced to May 16 and may face prison for up to five years. The Ministry of Justice said that Bitcoin rose by $ 1,000 after the fake advertisement rose and then decreased by $ 2000 when the Securities and Stock Exchange issued a correction.
This article was originally appeared on Engadget on https://www.engadget.com/cybersecurity/man-from-Alabama-Lads-guilty-ver-secs-fake-Bitcoin-post-on-x-133045810.html? RSSRS.
[og_img]
Source link