Reports from the courtroom suggested that prosecutors would offer a deal for Eric Council Jr., who allegedly helped compromise the SEC’s X account.
Eric Council Jr., the individual charged over his involvement for allegedly hacking the United States Securities and Exchange Commission’s (SEC) X account and posting a message suggesting that Bitcoin exchange-traded funds had been approved, has pleaded not guilty in a DC courtroom.
In an Oct. 25 arraignment before Judge Amy Berman Jackson in the US District Court for the District of Columbia, Council entered a plea of not guilty for one charge of conspiracy to commit aggravated identity theft and access device fraud. He was allegedly part of a group that hacked the SEC’s X account in January, posting a tweet that claimed the commission had officially approved spot Bitcoin (BTC) ETFs for the first time.
The fake SEC tweet — since removed — announcing the approval of spot Bitcoin ETFs. Source: X
