According to Fox News, Rep. LaMonica (D-NJ) has been federally indicted for allegedly obstructing Homeland Security agents during a May 9 incident outside a Newark immigration detention facility (source: Fox News, June 11, 2025). This high-profile legal case could increase short-term market volatility, especially in politically sensitive sectors. Crypto traders should monitor potential shifts in regulatory sentiment or risk appetite, as incidents involving government officials often trigger reactions in digital asset markets and can impact institutional investor behavior (source: Fox News).