Wu Shuo learned that Eric Council Jr., a man from Alabama, was sentenced to 14 months in prison and ordered to forfeit $50,000.00 in illegal gains for hacking the SEC's official social media account via SIM swapping and posting false Bitcoin ETF approval news. On January 9, 2024, Council obtained control of the victim's SIM card by forging identity information and posted a false statement on the SEC's X account, causing the price of Bitcoin to briefly rise by more than $1,000.00. The FBI arrested Council in October 2024, and he pleaded guilty in February 2025. https://t.co/2SoNqY4c0t