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Alabama Man Sentenced for Hacking SEC’s Social Media to Post Fake Bitcoin ETF News

  • Francisco Rodrigues--CoinDesk
  • published date: 2025-05-17 13:46:36 UTC

The hack in January 2024 briefly sent bitcoin’s price surging $1,000 before crashing back down minutes later.

A 26-year-old man from Alabama has been sentenced to more than a year in prison for his role in a social media hack that briefly sent the price of bitcoin soaring.Eric Council Jr. of Huntsville pl… [+1272 chars]