The FBI has apprehended Eric Council Jr., a 25-year-old male, for his involvement in a conspiracy with accomplices to steal account X from a U.S. government agency. This led to the dissemination of fake news and manipulation of Bitcoin prices within minutes.
However, Council seems to have not been the mastermind behind the scheme. He received false information and documents from the employer to carry out activities such as obtaining SIM cards, buying phones, and resetting Twitter passwords. Upon completion, he received payment in Bitcoin.
After the account of the U.S. government agency was hacked, Council searched the web for information about the incident and how to evade being tracked down by the FBI. Ultimately, he was apprehended by the FBI on charges of identity theft, with a maximum penalty of 5 years in prison.
Source: Justice.gov
TLDR:
FBI arrests Eric Council Jr. for involvement in account theft conspiracy. He was not the mastermind but received instructions from the employer. Council’s actions led to Bitcoin price manipulation. He was caught by the FBI and faces up to 5 years in prison.
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