Already down more than 50 per cent from its peak at the height of crypto-mania last year, bitcoin has been battered this week by fresh claims its price has been artificially manipulated by the digital currency ‘Tether’. Tether is a so-called “stablecoin” pegged at one-to-one value with the US dollar. Its alleged that Tether is actually being printed out of thin air, without corresponding dollar deposits thereby pushing cryptocurrency prices up.
‘The mother of all crypto scams’: Bitcoin’s price manipulated during ‘meteoric rise’, researchers find – 15 June 2018
by admin | Jun 15, 2018 | News & Analysis |