ChainCatcher news, the U.S. Department of Justice (DOJ) said that the Federal Bureau of Investigation (FBI) arrested an Alabama man for his involvement in the hacking attack on the U.S. Securities and Exchange Commission (SEC) X account in January 2024.

In January 2024, hackers released false news that the SEC was expected to issue an announcement about Bitcoin, which caused the price of cryptocurrencies to soar. In a statement, an SEC spokesperson confirmed to The Guardian that the unauthorized posts on the @SECGov account "were not drafted or created by the SEC."

This incident once again reminds us that the authenticity of market information is crucial. Investors need to be vigilant and avoid making irrational investment decisions due to false news. 🔍💡