US authorities apprehend suspect in SEC account breach at X.

Eric Council Jr was arrested for using a SIM card cloning technique to gain access to the US Securities and Exchange Commission's X account and posting a false message that temporarily inflated the value of Bitcoin.

1. Confirmation of Arrest: The fact that the US authorities have confirmed the arrest of the suspect involved in the attack on the SEC's X account is a major pro. This shows that the authorities are taking action and holding the perpetrator accountable for their actions. 2. Use of SIM Card Cloning Technique: The use of a SIM card cloning technique to gain access to the SEC's X account highlights the sophistication of the attack. This shows that the suspect was not a novice and had knowledge of advanced hacking techniques. 3. Investigation and Evidence: The authorities' revelation that the suspect conducted searches related to SIM card swapping and cloning techniques, as well as methods to avoid FBI investigation, provides strong evidence against the suspect. This shows that the authorities have conducted a thorough investigation and have solid evidence to support their case.

US authorities have confirmed the arrest of a suspect involved in the attack on the US Securities and Exchange Commission’s (SEC) X account last year. The suspect, Eric Council Jr, allegedly used the compromised account to publish a false message, temporarily inflating the value of Bitcoin in the market.

Council was indicted for the attack on the SEC’s X platform on January 9th, where he posted a message claiming that authorities had approved Bitcoin ETFs. This message caused the value of Bitcoin to increase by approximately $1000.

According to authorities, Council employed a SIM card cloning technique to gain direct access to the X account. He allegedly cloned the SIM card of an individual with access to the account, enabling him to recover the account’s access.

While the entity whose SIM card was cloned has not been directly implicated in this case, authorities believe their involvement was crucial. It is suspected that they were paid to clone the card and facilitate Council’s access to the SEC account.

Authorities also revealed that Council conducted several searches related to SIM card swapping and cloning techniques, as well as methods to avoid FBI investigation, in the days leading up to the attack. These searches, conducted on Google, further raised suspicions.

Council is currently in custody awaiting sentencing for his actions.

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