FBI turns pipeline hack into PR stunt against bitcoin
Just weeks after a cyberattack jammed the largest fuel pipeline on North America’s East Coast, Colonial’s CEO faces Congress. Boom Bust analyzes his testimony and the recent trend of ransomware attacks hitting US firms. This comes as the Biden administration ramps up its scrutiny of bitcoin for its role in these cyberattacks. Meanwhile, the SEC is putting ‘meme stocks’ in the crosshairs as AMC’s stock continues to surge, making an impact on market volatility.
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