SIM Swap Scammer Gets 2 Years for Hijacking SEC’s X Account—Because Even Regulators Aren’t Safe
Another day, another crypto crime—but this one cuts deep. The hacker who SIM-swapped his way into the SEC’s official X account is now staring down a 24-month prison sentence. Talk about regulatory irony.
How it happened: The attacker bypassed weak carrier security, ported a phone number, and took control of @SECGov. No multi-factor authentication? Classic government efficiency.
Why it matters: If the agency that’s supposed to police crypto can’t secure its own social media, maybe those ‘investor protection’ speeches should come with a disclaimer. Meanwhile, Bitcoin just hit a new ATH—because nothing fuels a bull market like chaos.