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Poloniex and Bittrex Added to Ongoing Class-Action Lawsuit Facing Tether and Bitfinex Over Bitcoin Price Manipulation

Poloniex and Bittrex Added to Ongoing Class-Action Lawsuit Facing Tether and Bitfinex Over Bitcoin Price Manipulation

Two US cryptocurrency exchanges Bittrex and Poloniex have been added to a class-action lawsuit that alleges billions of unbacked Tether stablecoin were used to manipulate Bitcoin prices. The two US exchanges have been added as defendants in an ongoing lawsuit against Tether and Bitfinex. Poloniex and Bittrex have been summoned to appear to the court because of their alleged involvement in the manipulation of Bitcoin price during the bull run in 2017.

Police Search of South Korean Coinbit Crypto Exchange Finds 99% Trade Volume Manipulation

Police Search of South Korean Coinbit Crypto Exchange Finds 99% Trade Volume Manipulation

Coinbit, the third-largest crypto exchange in South Korea, has found itself in trouble with the authorities for alleged arbitrage manipulation of the transaction volume.

Tether Deny Bitcoin Bull Run Manipulation

Tether Deny Bitcoin Bull Run Manipulation

Reporting on allegations made against Tether’s parent company Ifinex, Tether has released follow up comments to deny any wrongdoing in the market.

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

In its lawsuit, Jason Stone, a former manager at Celsius Network, has accused the crypto lending firm of engaging in fraudulent deals, including price manipulation of Celsius's token.

Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff

Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff

Peter Schiff claims that the current rise in bitcoin prices is due to market manipulation.

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.

Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis

Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis

Both the stock and crypto market could go down, the bitcoin price appears ready to drop.

Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin

Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin

There seems to be no slowing down behind the sentiments driving the Increase in the price of the precious metal. Recently Goldbug Peter Schiff has been seen to be making headlines on the news, shilling his baby and expressing his admiration for his virtue of hedging against Central Banks.

Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation

Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation

Coinsquare executives have resigned following a settlement with the Ontario Securities Commission.

Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless

Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless

BitFinex and Tether have officially spoken out against what they are describing as a baseless lawsuit, designed to undermine the cryptocurrency ecosystem.

Significant Bitcoin Price Fall is Expected as CME Bitcoin Futures Settle Ahead of the Weekend

Significant Bitcoin Price Fall is Expected as CME Bitcoin Futures Settle Ahead of the Weekend

Wall Street’s institutional interest in cryptocurrency has been reflected by CME’s futures contracts on Bitcoin, as it can only be traded by institutional investors and professionals.

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

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