SIM Swap Shenanigans: How One Man’s Fake ID and SEC Hack Led to a $50,000 Payday and a Date with Justice
Eric Council, a 25-year-old from Athens, Alabama, has pleaded guilty to conspiracy to commit aggravated identity theft. His role in the SEC hack involved SIM swap attacks, tricking carriers into transferring phone numbers to access accounts. In a digital twist, he printed fake IDs and shopped for iPhones, but now he’s shopping for a lawyer.
Hot Take:
When your career as a phone hacker is more doomed than a 90s boy band reunion tour, you know you’ve really hit rock bottom. Eric Council might have thought he was the Robin Hood of cryptocurrency, but instead, he’s now looking at five years of free meals and an orange wardrobe. Who knew that hacking the SEC was just a SIM swap away from a fashion faux pas?
Key Points:
- Eric Council, a 25-year-old from Alabama, pleaded guilty to conspiracy to commit aggravated identity theft.
- The crime involved hacking into the SEC’s official social media account using SIM swap attacks.
- His fraudulent post caused Bitcoin’s price to spike by $1,000 before plummeting $2,000 after the scam was discovered.
- Council faces a maximum of five years in prison and a $250,000 fine, with sentencing set for May 16, 2025.
- The FBI recovered fake IDs, a portable ID printer, and a treasure trove of questionable Google searches from his apartment.
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