Top Highlights

• FBI Arrests Suspect in SEC Twitter Hack That Pumped Bitcoin
• Remember when the SEC's Twitter account was hacked to prematurely share that Bitcoin ETFs were approved? The FBI has arrested a suspect.
• Eric Council Jr. of Athens, Alabama was arrested Thursday and charged with the crime, with authorities alleging that the 25-year-old used a "SIM swapping" technique to take over a phone number and ultimately gain unauthorized access to the SEC's Twitter account. The price of Bitcoin shot up by more than $1,000 soon thereafter, but then plunged by $...
• "These SIM swapping schemes, where fraudsters trick service providers into giving them control of unsuspecting victims’ phones, can result in devastating financial losses to victims and leaks of sensitive personal and private information,” said U.S. Attorney Matthew Graves, in a statement. “Here, the conspirators allegedly used their illegal access...
• allegedly used stolen personal info from an SEC employee to craft a fake ID. Council then drove 35 miles east of Athens to Huntsville, Alabama, to use the fake ID to purchase a new SIM card tied to the victim’s mobile account.

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