Bloomberg, the publication that reported the news of the subpoena made it sound like well... news!
What they didn't tell the public is that this was issued 2 MONTHS AGO.
Why report on it now, and worst of all WHY MAKE IT SEEM RECENT??
This is clearly manipulation by the press and media.
Cryptocurrency being a fairly unregulated and new market, is so easily influenced by well... anything!
Weak hands selling at sight of FUD which triggers more and more weak hands, leading to an environment where smart investors sell to because they know they can buy it back at a lower price... creating a self-fulfilling prophecy.
Here's an image from Reddit
good info..thanks for share
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