According to the D.C. District Attorney’s Office, Cowell obtained an ID and template from co-conspirators to create a fake ID to access the SEC account.
So Cowell and his accomplices posted a tweet that read: “Today the SEC approves the listing of #Bitcoin ETFs on all registered national exchanges.” This misinformation briefly boosted the price of Bitcoin before SEC Chairman Gary Gensler corrected the information, causing the price to drop $2,000.
After the hack, Cowell Googled “How can I be sure if the FBI is tracking me?” He started searching.
He now faces charges of burglary and conspiracy to gain unlawful access to devices, with a hearing scheduled for the U.S. District Court for the Northern District of Alabama.
Source: Ferra
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