According to Fox News, the Secret Service is actively investigating former FBI Director James Comey after he posted an Instagram photo featuring seashells arranged to display the numbers '86 47.' White House officials have condemned the post, interpreting it as a potential threat to the 47th president. This high-profile government investigation is contributing to increased political risk sentiment, which can drive volatility in the cryptocurrency markets as traders factor in the potential for regulatory responses and broader market uncertainty (Fox News, May 16, 2025).