Foresight News reports that the U.S. Department of Justice stated a judge has sentenced a man from Alabama to 14 months in prison and 3 years of supervised release for participating in the January 2024 hacking of the U.S. Securities and Exchange Commission's X account, which was used to send a tweet that caused the price of Bitcoin to briefly surge by over $1,000.
Foresight News previously reported that on January 10, 2024, the official X account of the U.S. SEC was hacked, during which a fraudulent message about the approval of a Bitcoin ETF was released, impersonating the SEC.
