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FBI arrests Alabama man for SEC X hack that sent bitcoin price higher

CNBC
Summary
Nutrition label

70% Informative

Eric Council Jr. , 25 , is charged with conspiracy to commit aggravated identity theft and access device fraud.

A fake tweet posted on the SEC account that day sent the price of bitcoin spiking by more than $1,000 .

A day after the hack, the SEC approved rule changes that allowed the creation of bitcoin ETFs in the United States .

VR Score

63

Informative language

58

Neutral language

19

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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