Alabama Hacker Gets Jail Time for Hijacking SEC’s Twitter to Pump Fake Bitcoin ETF Approval

Another day, another crypto grift—but this one came with a federal prison chaser. An Alabama man just got sentenced for breaching the SEC’s social media to post fabricated news about a Bitcoin ETF greenlight. Because nothing screams ’market integrity’ like a rogue tweet moving billions in liquidity.

The hack briefly sent BTC prices soaring on the false announcement—proving once again that crypto markets will FOMO on literally anything, even a scammer’s copy-paste job. The SEC’s ’when we say it’s fake, trust us this time’ press release didn’t land quite as hard as their usual enforcement hammer.

Lesson learned? In crypto, the only thing faster than blockchain is the speed at which bagholders will believe an unverified tweet from a hacked government account. Wall Street still charges more for pump-and-dumps, but at least they use PowerPoints like civilized people.