๐ณ In the U.S., a guy hacked the official SEC account on X (Twitter) and posted a fake update claiming Bitcoin ETFs were approved. BTC instantly jumped $1,000โฆ then crashed $2,000. All within minutes!
๐ฑ The hacker, a 26-year-old from Alabama, used SIM swap to gain access and cause major chaos.
๐ฎโโ๏ธ The result? 14 months in prison, a $50,000 fine, and 3 years of supervised release.
๐ The takeaway? Be careful with news and protect your accounts. In the digital age, fake info can cost big time!