US-Justice Department Investigates Possible Bitcoin Price Manipulation

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DOJ think Tether could have been used to prop up bitcoin price

The US Department of Justice is investigating a lead suggesting that the cryptocurrency tether may have been used to pump bitcoin price. The investigation is part of a broader review of possible coin manipulation by major industry players. Bitcoin hit a record high of almost $20,000 towards the end of 2017 before plunging just prior to the end of the year.

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Currently, Bitcoin is steadily shading millions off its market…

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