Mars Finance News: According to Cointelegraph, the U.S. government has requested that a federal judge sentence Eric Council Jr. to two years in prison. Eric Council Jr. is the person who helped spread false information, which falsely announced the approval of a Bitcoin spot ETF through the SEC's X account. In documents submitted to the U.S. District Court for the District of Columbia on May 12, prosecutors recommended that the judge sentence Council to two years in prison for posting false information on the social media platform X, claiming that the SEC had first approved a spot Bitcoin ETF in January 2024. This false statement shook the market approximately 24 hours before the SEC actually approved the spot Bitcoin ETF, ultimately leading to Council's arrest.
Hacker who stole US SEC X account to release Bitcoin spot ETF approved may face two years in prison
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