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Securities Lawyers say that the SEC will have to launch an investigation into itself for market manipulation after the price of Bitcoin dramatically shifted following a hack into Following the recent dramatic shift in Bitcoin $42,260 -0.64% 's price due to a hacking incident on the SEC's X account, securities lawyers argue that the SEC may need to This caused Bitcoin's price to spike and then crash. Securities lawyers say the hack likely violated the SEC's new cybersecurity rules and that the SEC must investigate The U.S. Securities and Exchange Commission (SEC) finds itself at the center of a controversy following a hacking incident that disseminated false information about

Securities Lawyers: SEC Must Investigate Itself for Bitcoin Manipulation Following Hack

The U.S. Securities and Exchange Commission (SEC) finds itself at the center of a controversy following a hacking incident that disseminated false information about Bitcoin. Following the recent dramatic shift in Bitcoin $42,260 -0.64% 's price due to a hacking incident on the SEC's X account, securities lawyers argue that the SEC may need to launch an investigation into itself.

Securities Lawyers say that the SEC will have to launch an investigation into itself for market manipulation after the price of Bitcoin dramatically shifted following a hack into the SEC's official X (formerly Twitter) account. This caused Bitcoin's price to spike and then crash.

Securities lawyers say the hack likely violated the SEC's new cybersecurity rules and that the SEC must investigate the circumstances surrounding the breach to determine if market manipulation occurred as a direct result. The false information, rapidly spread across social media, created artificial volatility in the Bitcoin market. The SEC's own internal security protocols are now under intense scrutiny.

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