A US probe into tether is homing in on whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market.
A Texas academic created a stir last year by alleging that bitcoin’s astronomical surge in 2017 was probably triggered by manipulation. He’s now doubling down with a striking new claim.
Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about US$65m of the digital currency. Bitcoin slumped by 5,3% against the dollar as of 10.17am on Wednesday in