U.S. Department of Justice Criminal Division Press Room Update

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Alabama Man Pleads Guilty in Connection with Securities and Exchange Commission X Account Hack

02/10/2025 07:00 AM EST

An Alabama man pleaded guilty today in connection with the January 2024 unauthorized takeover of the U.S. Securities and Exchange Commission (SEC)'s social media account on X, formerly known as Twitter, in which hackers posted a fraudulent message in the name of the then-SEC Chairman, temporarily causing the value of Bitcoin (BTC) to increase by more than $1,000.

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