Cybersecurity

While China's target was the U.S. government in this instance, the defendants' alleged conduct and methodologies illustrate security risks and compliance challenges faced by private U.S. entities and their personnel related to insider threats and corporate espionage.

Hackers have become adept at exploiting weaknesses in the security, coding, and structure of so-called "DeFi" marketplaces.

Companies need to "be taking a look at the findings to ... make sure [they] don't fall into the same mistakes."

The risk of attacks and chaos in cryptocurrency marketplaces will skyrocket when the Ethereum network undergoes a major software upgrade in September.

Decentralized-finance protocols, especially cross-chain bridges used to transfer tokens across blockchains, have emerged as one of crypto's weakest links after several large hacks this year.

"The commission should balance the information necessary to ensure investors are kept informed against any burdens placed on public companies based on their size."