Welcome to WebmasterWorld Guest from 34.228.30.69

Forum Moderators: buckworks

U.S. Starts Criminal Probe into Bitcoin Price Manipulation

     
2:27 pm on May 24, 2018 (gmt 0)

Administrator from GB 

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:May 9, 2000
posts:25716
votes: 819


According to a report on Bloomberg, and "people familiar with the matter," the U.S. Justice Department is opening a criminal investigation into whether Bitcoin and other digital currency pricing is being manipulated by traders.

The investigation is focused on illegal practices that can influence prices -- such as spoofing, or flooding the market with fake orders to trick other traders into buying or selling, said the people, who asked not to be identified because the review is private.


[bloomberg.com...]
1:29 am on May 25, 2018 (gmt 0)

Moderator from US 

WebmasterWorld Administrator keyplyr is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Sept 26, 2001
posts:12913
votes: 891


Well we knew this was coming... :)

Where's all the rage from the bitcurrency champions?
11:41 am on July 9, 2018 (gmt 0)

Senior Member

WebmasterWorld Senior Member essex_boy is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:May 19, 2003
posts:3207
votes: 12


Shame from the start and shame at the end, it will end in tears
2:40 pm on July 9, 2018 (gmt 0)

Senior Member from US 

WebmasterWorld Senior Member tangor is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Nov 29, 2005
posts:8765
votes: 704


The money folks don't like the thought of having no control. Goobermints (sic), too!