This can Open A Pandora Box Either in Support or Against Cryptocurrency.......
- The U.S. Justice Department is reportedly looking into whether traders used another cryptocurrency called tether to bid up bitcoin prices during its 1,300 percent rally last year.
- Federal prosecutors launched a broader criminal probe into cryptocurrencies earlier this year but now suspect that traders on crypto exchange Bitfinex may have been moving prices illegally, Bloomberg reported, citing three people familiar with the matter.
- The news comes amidst bitcoin’s 16 percent price drop on Tuesday.
This can be the “perfect excuse” to either BAN or LEGALIZE Cryptocurrency in the near future.
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Another fake investigation while real crime against humanity go unpunished. Just ask Hitlary. They need something to do to make themselves look good.
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The issue is that cryptocurrencies have no built in protections against pump and dump schemes....
Yikes I think this is lose - lose
Yeah. It stinks 😤
Good!
Well the manipulators will now fear doing that
As usual they don't want to let a good crisis go to waste. A dip and successive rounds of legal assaults is just a front to get a foot in the door for regulations like what they did to the tech industry in early 2000s. We should e free to do our P2P transactions without the Mafia dropping into take a cut