🔒 **SEC X hacker sentenced to 14 months**—Eric Council Jr. must also forfeit $50K & face 3 years supervised release. Pleaded guilty to SIM-swapping the SEC’s account in Jan 2024
#SEC #Crypto #Hack
The SEC is stepping back from a proposal to expand control over crypto exchanges, with Acting Chair Mark Uyeda pushing to withdraw the rule. This marks a shift in the
#SEC #Crypto #Regulation #MarkUyeda
SEC cancels SAB 121, allowing US banks to custody Bitcoin without balance sheet liabilities. New guidance under SAB 122 simplifies compliance, boosting crypto services. 🚀📈
#Crypto #Bitcoin #SEC
