DOJ and CFTC Investigate Tether and Bitfinex

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Last May, the Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) opened a general investigation into price manipulation. Bloomberg reported on Tuesday that they appear to be investigating Bitfinex and Tether (USDT) specifically. This isn’t the first such investigation into Bitfinex and Tether Ltd The CFTC subpoenaed both in December of 2017. There … Continue reading “DOJ and CFTC Investigate Tether and Bitfinex”

USDC and Other Stablecoins Climb as Bitcoin (BTC) Sinks

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Bitcoin (BTC) and other top currencies have had a rough few days. But as the big coins sink, several stablecoins, including the USD Coin (USDC), have boomed. Wednesday and Thursday were especially rough for the crypto market. Unfortunately, we’re now seeing Bitcoin (BTC) at its lowest in over a year. It plummeted about 11% Wednesday … Continue reading “USDC and Other Stablecoins Climb as Bitcoin (BTC) Sinks”