Wu learned that Eric Council Jr., a man from Alabama, was sentenced to 14 months in prison and had his illegal gains of $50000 confiscated for infiltrating SEC official social media accounts through SIM card swapping and posting false Bitcoin ETF approval messages. On January 9, 2024, the Council obtained control of the victim's SIM card by forging identity information and made false statements on the SEC's X account, causing a brief increase of over $1000 in Bitcoin prices. The FBI arrested Council in October 2024 and pleaded guilty in February 2025. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42589