When a Fake ID Shook the Crypto World

🚨 A 26-year-old Alabama man hacked the SEC's X account with a fake ID, sparking chaos in the crypto world! Eric Council Jr. used a SIM swap to post a false Bitcoin ETF approval, causing Bitcoin prices to spike $1,000, then crash $2,000. Sentenced to 14 months in prison, his actions exposed vulnerabilities in digital finance. This Insight Bit episode dives into the hack, fact-checks the claims, and explores solutions from conservative, progressive, and mainstream views. How can we secure our markets and trust in a digital age? Tune in for a gripping tale of cybercrime and its fallout! 🎙️ #BreakingNews #Alabama #SEC #XAccountHack #Bitcoin #Crypto #ETF #FakeID #SIMSwap #Cybercrime #FinancialMarkets #MarketVolatility #Cybersecurity #DigitalFinance #EconomicImpact