Friday 25 May 2018

DOJ launches criminal probe into cryptocurrency manipulation

Federal investigators have opened a criminal probe into whether traders are manipulating the price of cryptocurrencies, just as the real estate industry has begun experimenting with Bitcoin and others. The Department of Justice is focusing its probe on illegal practices that can influence the prices of currencies like Bitcoin, according to Bloomberg. That includes “spoofing,” or flooding the market with fake orders to goad other traders into buying or selling and “wash trading.” Wash trading […]



source https://therealdeal.com/la/2018/05/25/doj-launches-criminal-probe-into-cryptocurrency-manipulation/#new_tab

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