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RE: As bitcoin nosedives, regulators said to be investigating whether it was propped up illegally.

in #crypto-news6 years ago

The issue I think is Fraud, it seems that it was perpetrated by those in positions of trust/power in these exchanges through the scheme of Teether, indicative by the lack of transparency over how the coin is pegged to the dollar or minted. It might serve as a springboard for actual regulation of these exchanges yet it will be completely futile to affect dex, let alone bitcoin itself.

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