The hacker who stole the US SEC account and published false news about the approval of a Bitcoin ETF has been sentenced to 14 months in prison

According to Foresight News, the US Department of Justice announced that a judge has sentenced an Alabama man to 14 months in prison and 3 years of supervised release for his involvement in the January 2024 invasion of the US Securities and Exchange Commission's X account, which was used to send a tweet causing a brief surge in Bitcoin prices exceeding $1000. Foresight News previously reported that on January 10, 2024, the official X account of the US SEC was hacked, and at that time, false information about the approval of a Bitcoin ETF was released by a fake SEC.