Eric Council Jr., 25, pleaded guilty to hacking the SEC’s X account in January 2024, using a SIM swap attack. His fraudulent post falsely announced Bitcoin ETF approvals, causing a Bitcoin price spike before a sharp drop. Council received $50,000 in Bitcoin for his role. He faces up to five years in prison, with sentencing scheduled for May 2025.
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Microsoft warns hackers have a new and devious way of distributing malware
Microsoft has issued a warning over ViewState code injection attacks on ASP.NET websites, where remote code execution can enable cybercriminals to inject malicious code. There