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Fake Bitcoin ETF Approval Post: FBI Arrests Individual Linked To SEC Twitter Hack

  • Alabama resident Eric Council Jr. has been arrested in connection with the hack of the SEC's Twitter account.
  • Council and accomplices orchestrated the unauthorized takeover of the SEC's account and posted a false announcement of Bitcoin ETF approval.
  • The hack led to a temporary increase in Bitcoin's price, followed by a significant drop.
  • Council obtained personal information to perform a SIM swap and received Bitcoin for his involvement.

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