The U.S. Department of Justice (DOJ) announced on May 16 that a resident of Huntsville, Alabama, has been sentenced to more than a year behind bars for his involvement in a cyber intrusion targeting the social media presence of the Securities and Exchange Commission (SEC). Eric Council Jr., 26, received a 14-month prison sentence followed by three years of supervised release after pleading guilty to conspiracy charges related to identity theft and device fraud. Authorities say Council's actions caused a brief but significant spike in bitcoin prices by exploiting the SEC's platform to spread false financial information.#BinancePizza #EthereumSecurityInitiative $BTC $ETH