General | May 30, 2018 | Master3395
Have probably discovered illegalities.
The US Department of Justice has started examining the digital currency environment.
Have probably discovered illegalities
The ministry has an open investigation of whether bitcoin traders and others manipulate the price of the currency and other cryptographic currencies.
Four people who are familiar with the operation report Bloomberg that this is part of a greater focus on this type of currency.
Now, the regulations will certainly come
The investigations will uncover illegal trafficking to manipulate the price by spoofing or flooding the market with false orders in an attempt to trick others who trade the currency to buy or sell.
Bitcoin is down 20 percent since the top of May 4, down 3 percent to $ 7409 after Bloomberg announced the US focus on this.
Keywords: blockchain, digital currency, economy, money