FBI arrests hacker in SEC attack that caused bitcoin price to surge

BlockBeats news, October 17, the U.S. Department of Justice (DOJ) said that the Federal Bureau of Investigation (FBI) arrested an Alabama man for his involvement in the January 2024 hacking attack on the U.S. Securities and Exchange Commission (SEC), which caused the price of Bitcoin to soar.

He took over the U.S. Securities and Exchange Commission (SEC) X account without authorization in January 2024, and released false news from the SEC chairman (Bitcoin ETF has been approved), resulting in a short-term surge in the price of Bitcoin (BTC) by $1,000.

In a statement, an SEC spokesperson confirmed to The Guardian that the unauthorized posts on the @SECGov account "were not drafted or created by the SEC."