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DOJ Medicare fraud investigation Flash News List | Blockchain.News
Flash News List

List of Flash News about DOJ Medicare fraud investigation

Time Details
2025-05-14
23:16
UnitedHealth Stock Plummets Over 50% Amid DOJ Medicare Fraud Investigation: Crypto Market Implications

According to The Kobeissi Letter, UnitedHealth ($UNH) stock has plunged more than 6% today and is down over 50% in the past month after the Department of Justice launched an investigation into potential Medicare fraud. This sharp decline has wiped out over $350 billion in market cap, marking an unprecedented collapse. The heightened regulatory risk and rapid capital flight from a leading healthcare stock may drive increased volatility in traditional markets, potentially prompting investors to seek refuge in cryptocurrencies as alternative assets. Monitoring crypto inflows and Bitcoin price action is advised as market uncertainty rises (Source: The Kobeissi Letter, Twitter, May 14, 2025).

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