Home Bitcoin News DOJ opens criminal probe into bitcoin price manipulations

DOJ opens criminal probe into bitcoin price manipulations

54 second read
0
275

4 Hours Ago

The U.S. Department of Justice opened a criminal probe into the possibility that traders are manipulating the price of bitcoin and other cryptocurrencies, according to a report from Bloomberg. The investigation surrounds the practice of spoofing — where an investor places orders that are intended to manipulate the price of an instrument — and flooding the market with fake orders, the report said Thursday, citing four unnamed people familiar with the probe.

Let’s block ads! (Why?)


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 27th, 2021 – Yahoo Finance

Ethereum Ethereum fell by 2.49% on Friday. Following on from an 8.78% slide on Thursday, E…