US to Extend Plea Offer to Alleged Hacker of SEC’s X Account

Federal prosecutors plan to offer a plea deal to an Alabama man accused of participating in the January hack of the US Securities and Exchange Commission’s X account and a fake social media post about authorization of the first-ever spot Bitcoin exchange-traded funds.

“We will extend a plea,” assistant US attorney Kevin Rosenberg told US District Judge Amy Berman Jackson on Friday at a hearing in Washington federal court. “I have no idea if it will be accepted.”

Eric Council Jr., 25, pleaded not guilty at the hearing to conspiring to commit aggravated identity theft and access device fraud. Any ...