Alabama Man ready to declare himself guilty in the HEC X account centered on bitcoin

Eric Council Jr., Alabama’s man accused of hacking the X Stock Exchange Commission and Securities (SEC) to falsely publish the agency had approved the funds quoted in the Bitcoin Stock Exchange, is ready to declare himself guilty in The case.

A “confiscation consent order”, presented in the Federal Court of DC shows that the Council agreed to declare itself guilty of conspiracy to commit aggravated identity theft and fraud of access devices, and will lose $ 50,000 in the income of these crimes.

The Council, according to the Prosecutor’s Office, used a false identification to deceive an employee of a telephone store to help him already conspirators to access a device with access to the X account X of the SEC.

Judge Amy Berman Jackson has established the council ruling for May 16. The case comes from the then long -awaited approval of the ETF of the Bitcoin Spot ETFs, with the security violation that leads to a shared position in the agency account one day before the real approval.

At that time, the approval of these funds was anxiously expected, since they were expected that they brought significant flows from institutional investors. The false x post sent the price of Bitcoin briefly increasing.

The FBI arrested the Council in October for kidnapping the X account of the SEC.



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