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Flash News List

List of Flash News about cybersecurity crypto

Time Details
2025-05-16
19:15
Alabama Man Sentenced to 14 Months for SEC X Hack That Artificially Inflated Bitcoin Prices – DOJ Report

According to Aggr News, a man from Alabama has been sentenced to 14 months in prison for his involvement in the SEC X hack, which was used to manipulate and boost Bitcoin prices, as confirmed by the US Department of Justice. This incident highlights the ongoing risks of cyberattacks on regulatory bodies and their direct impact on cryptocurrency market volatility. Traders should be aware that such security breaches can lead to short-term price distortions and increased regulatory scrutiny, potentially affecting trading strategies and liquidity in Bitcoin markets (Source: Aggr News, May 16, 2025).

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