Cyb3rius
@cyb3rius
· 5d
Did a fake SEC tweet really wipe out $136 billion?Yes — a single fraudulent post from the hijacked X account of the U.S. Securities and Exchange Commission moved crypto markets enough to erase roughly $136 billion in value, and the hacker responsible was just sentenced to 42 months in federal prison.What happened: On January 9, 2024, Ahmad Umar Agha — a Syrian Electronic Army hacker known online as "Th3Pr0" — and co-conspirators took control of the SEC's X account and published a fake announcement that bitcoin spot ETFs had been approved. Bitcoin jumped, then reversed sharply once the SEC regained the account and confirmed the post was fraudulent. Agha was sentenced in a U.S. federal court to 42 months for his role in the hacking conspiracy.Key numbers: 42 months in prison handed to Ahmad Umar Agha$136 billion in market value erased by one fake tweetJanuary 9, 2024 — date the SEC's X account was compromisedWhy it matters: Verified corporate and government accounts are now high-value attack surface, where a single post can move markets faster than any correction can be published.Bottom line: The most dangerous credential in crypto isn't a wallet key — it's access to an account the whole market trusts.
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