WASHINGTON (Reuters) -A 25-year-old Alabama man was arrested on Thursday for hacking the U.S. Securities and Exchange Commission's X account this year as part of an alleged conspiracy to manipulate bitcoin prices, U.S. prosecutors said.

The hijacked account posted illegitimate news about a widely-anticipated Bitcoin announcement, leading the cryptocurrency to spike some $1,000.

The post sent by hackers on the SEC's X account made the false claim the regulator had allowed Bitcoin to be part of mainstream investment funds. This caused the price of the cryptocurrency to rise by about $1,000 (£770), according to the US Department of Justice, before falling by $2,000 when it was found to be untrue.

The FBI recently and quietly revised its 2022 crime data, reversing earlier claims that violent crime had decreased. Initially, the bureau reported a 2.1%

Former President Donald Trump has been hit with numerous “fact-checks” on the campaign trail that have cited FBI statistics to maintain violent crime is falling in America. However, the bureau quietly adjusted its figures for 2022 in recent weeks — and the new numbers show that offenses actually ticked up overall.