Research: Tether, Bitfinex ‘Manipulation’ Reason Behind 2017 Bitcoin Price Highs


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.”

Continue Reading on Cointelegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Releated Post

Leave a Reply

Your email address will not be published. Required fields are marked *