Bitcoin Price was Manipulated by Tether, Researchers Claim

Article written by Josiah Wilmoth from CCN. Read full article here.

Market manipulators used Tether’s USDT token to artificially inflate the bitcoin price during 2017’s prolonged bull run. That’s according to explosive new research from University of Texas finance processors John Griffin and Amin Shams, best known for identifying suspicious activity in the VIX last year. Writing in a 66-page report titled “Is Bitcoin Really Un-Tethered?,”

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