**FBI Arrests Bitcoin ETF Approval Fake Tweeter!**
- The FBI arrested Eric Council (25) who posted a fake tweet about the SEC approving a Bitcoin ETF. 🕵️♂️
- The fake tweet caused Bitcoin's price to spike $1,000 to $47,800, before dropping back to $45,400 after the SEC denied it.
- Council and his gang used a SIM swap attack to take over X SEC's account. The SIM swap involves a social engineering technique to move the victim's phone number to a SIM controlled by the criminals.
- Council used a fake identity to perform the SIM swap at a cellphone store in Alabama and access X SEC's account.
- After the fake tweet, Council received a BTC payment from his gang and returned the iPhone he bought for cash.
- He is now facing charges in an Alabama court.
What do you think about this case? Comment below!