Research: Tether, Bitfinex ‘Manipulation’ Reason Behind 2017 Bitcoin Price Highs
Tether (USDT) has once again become the source of criticism after a new study blamed it for price manipulation in 2017, The New York Times reports Wednesday, June 13.
A paper released June 13 by John M. Griffin and Amin Shams of the University of Texas suggests that transaction patterns show Tether was “used to provide price support and manipulate cryptocurrency prices.”
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