Hacker Eric Council Jr. pleaded guilty Monday to charges of conspiracy to commit aggravated identity theft and access device fraud after he took over the SEC’s X account in January 2024. Once Council gained access to the account, his unnamed co-conspirators posted a doctored image, message, and fake quote by then SEC Chairman Gary Gensler saying Bitcoin Exchange Traded Funds (ETC) have been approved, which caused the currency’s value to spike more than $1,000.
The 25-year-old Alabama…
