So the SEC’s X account was hacked before?

[Sanitough]

Council seems to be a smart man, although I am confused how one can someone fake identity to get a sim of someone else. Is the verification system of AT&T that useless or the scammer was so smart! He just trying to create a hype in the market I remember when this happened and how it created a great hype among the crypto community.

Sadly this was really unnecessary for him to do. 5 years is a huge sentence for such a crime. Although it's a good progress for the authorities by capturing him as this set's an example for other scammers that they could know they should not play out of their league haha I mean directly hacing Gary's phones.

That was a wrong move by him. He could have chosen to hack some influential people's accounts rather than the government's X account, as there was no way he wouldn't get caught, given that the government has all the resources to find him. So, five years, that's a long time to be on 'vacation' and he'll definitely miss the bull run. This hack was quite simple, with no money lost, but the consequences are very serious. This is something we have to learn from, especially for those who are skilled and very curious; this isn’t fun.

[Faisal2202]

That was a wrong move by him. He could have chosen to hack some influential people's accounts rather than the government's X account, as there was no way he wouldn't get caught, given that the government has all the resources to find him. So, five years, that's a long time to be on 'vacation' and he'll definitely miss the bull run. This hack was quite simple, with no money lost, but the consequences are very serious. This is something we have to learn from, especially for those who are skilled and very curious; this isn’t fun.

Maybe he won't be able to enjoy the bull season this year but after 5 year there will be another halving and he will be out he might not have money at that time but if he had then he can enjoy otherwise his next bull run will also be ruined. This proofs he was not thinking straight and thought it will be fun to hack his phone and create a hype another scenario can be he got paid by someone else to do the task.

We know he won't be able to make that much just doing this act instead someone paid him or dared him something like that and he did that. Overall as we both and many other already agreed that it was not a good move by him.

[Ever-young]

That was a wrong move by him. He could have chosen to hack some influential people's accounts rather than the government's X account, as there was no way he wouldn't get caught, given that the government has all the resources to find him. So, five years, that's a long time to be on 'vacation' and he'll definitely miss the bull run. This hack was quite simple, with no money lost, but the consequences are very serious. This is something we have to learn from, especially for those who are skilled and very curious; this isn’t fun.

It was a simple hack, and yes, I also agree with you on the line that he could have gone for some other influencer's account instead, but as we all know, all hackers always have their targeted audience, either to test their hacking skill or to accomplish something, which the one caught was not the only one involved. They have a motive, which I believe they have achieved. 
 
The SEC did not lose money on such an incident, but others did suffer some great loss by traders who were not prepared for such sudden news, so there was money lost on such action. 5 years of jail time is enough, and if it was easy for the trader to sue him, they will probably do that once he's done with the feds.

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