A 25 year old hacked the SEC's X account from an AT&T store and pumped Bitcoin $1,000 in 15 minutes

On January 9 2024, the entire crypto market was waiting on the SEC to approve the first spot Bitcoin ETF
That same day, Eric Council Jr. printed a fake driver's license at home on a portable ID card printer with his own face on it and the name of someone who had access to the SEC's X account
He walked into an AT&T store in Huntsville with the fake ID and got the rep to swap that person's phone number onto a SIM card he was carrying
Council's partners used the captured number to reset the SEC's X password, then posted from the official SEC account that they had just approved the first spot Bitcoin ETFs
Bitcoin jumped from $46,000 to $48,000 in minutes before the SEC chairman posted from his personal account that the announcement was fake, and the price crashed back down by $2,000
His partners paid Council $50,000 in Bitcoin for pulling off the SIM swap
The FBI raided his house months later and found the portable ID card printer, stacks of fake driver's licenses and SIM swap how to guides
His Google search history included "SECGOV hack" and "how can I know for sure I am being investigated by the FBI" and "how long does it take to delete telegram account"
He got 14 months federal prison and was ordered to pay back the $50,000 he received
The real SEC ETF approval came the next morning