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Posted: 2025-05-13 09:42:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-13 09:42:45 UTC
Verified By
Rollup News
The US government is recommending a 2-year prison sentence for Eric Council Jr. for his involvement in posting a fake message on the SEC's X account regarding Bitcoin ETF approval in January 2024.
Eric Council Jr. faces potential 2-year prison sentence.
Fake message posted on SEC's X account caused market confusion.
The incident highlights the risks of misinformation in the crypto space.
Misinformation and market manipulation.
Security vulnerabilities of official social media accounts.
Legal consequences for spreading false information.