Hacker of SEC X Account Gets 14 Months — Justice or Farce? 🤔

Eric Council Jr, the audacious fellow who dared to hack the SEC’s X account last January, has now received 14 months behind bars. Not just that—he must relinquish $50,000 and submit to three years of watchful eyes upon him, as if the government’s own shadow.

Arrested in October 2024, he soon found himself at the mercy of prosecutors, who kindly offered him a deal. February saw him groveling, pleading guilty to conspiracy—the kind of confession only a man with no better options would make. Ah, the sweet taste of humble pie. 😅

What’s Next for the SEC X Hacker?

2024 kicked off with the buzz of Bitcoin ETF approval, turning the markets into a carnival of frenzy. When Council hacked the SEC’s X account to cry “green light!” the chaos ensued—markets shot up more than a rocket, up by over $1,000 in moments. Meanwhile, the manhunt was on. Today, the curtain falls on this farcical drama.

The US Attorney’s office announced that Council was sentenced for his slapstick attempt at digital villainy. Court documents reveal he used a SIM swap—something as high-tech as stealing candy from a baby—to hijack a phone with access to the coveted X account. Classic, isn’t it?

He kept fiddling with scams until the FBI finally caught him in August, leading to his grand arrest in October. An epic chase in the grand tradition of low-budget Hollywood thrillers—but real. 🎬

“Schemes like these threaten the very fabric of our market system. SIM swap tricks? They threaten everyday folks, big banks, and yes, even Uncle Sam. Don’t delude yourself—you’re not a ninja. You get caught, you pay,” declared US Attorney Jeanine Ferris Pirro. Well said, ma’am.

Curiously, the prosecutors keep whispering about co-conspirators—shadowy figures lurking behind the scenes. Yet, not one has been named, caught, or charged. Not exactly the Grand Conspiracy, more like a game of hide-and-seek.

Immediately after his arrest, the government offered a plea deal—if he would spill the beans on his accomplices. He nodded, guilty in February, probably eager to cut a deal and avoid even more jail time. Wise choice, perhaps?

Haven’t heard much about the broader conspiracy since then—perhaps the investigators are busy debating whether it was worth all this fuss. Meanwhile, Council has faced his day in court, lost his money, and will be watched like a hawk for the next three years—no dark web adventures allowed! 🕷️

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2025-05-17 03:18