Bitcoin Manipulation Probe Sets Sights on Tether, Bitfinex
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Bitcoin Manipulation Probe Sets Sights on Tether, Bitfinex
According to a new report from Bloomberg, investigators have homed in on the leading stablecoin by market share, Tether, and the popular margin-trading crypto exchange Bitfinex that it is closely tied to.
As many as three different sources “familiar with the matter” suggest that the probe evidence potentially points toward Tether and Bitfinex being used to illegally boost prices. Both Tether and Bitfinex share the same management team, which appears to be at the center of the investigation.
Credit:https://www.newsbtc.com/2018/11/20/doj-bitcoin-manipulation-probe-homes-in-on-tether-and-bitfinex/