U.S. Department of Justice Set to Probe Suspected Bitcoin Price Manipulation - Bitcoins | World News, Politics, Economics, World News: Ethereum, Bitcoin & Blockchain News

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Friday, May 25, 2018

U.S. Department of Justice Set to Probe Suspected Bitcoin Price Manipulation

There are unconfirmed reports that the U.S. Department of Justice (DOJ) has set up a probe to investigate suspected Bitcoin price manipulation activities. According to Bloomberg, four unnamed sources revealed that federal prosecutors are worried that the market is overrun with misconduct. Fears of Rampant Spoofing and Wash Trading in Bitcoin The two major points of inquiry for the probe are spoofing and wash trading. Spoofing refers to flooding the market with fake orders, tricking<br />Read More<br />The post U.S. Department of Justice Set to Probe Suspected Bitcoin Price Manipulation appeared first on Bitcoinist.com.

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