<ul><li>A 25-year-old Alabama man has been charged with conspiracy to commit aggravated identity theft following the January 9th hack of the SEC’s Twitter account.</li><li>The hack resulted in a fake tweet approving spot Bitcoin ETFs, leading to a significant increase in Bitcoin's price.</li><li>The man behind the hack, Eric Council Jr., was arrested by the FBI after months of investigation.</li><li>Council used a SIM swapping scheme to gain access to the SEC's Twitter account.</li></ul>

Arrest Made in SEC Social Media Hack and Fake Spot Bitcoin ETF Post

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