bitcoin: Bitcoin manipulation said to be focus of US criminal probe – The Economic Times

By Matt Robinson and Tom Schoenberg
The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up US scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.
The investigation is focused on illegal practices that can influence prices — such as spoofing, or flooding the market with fake orders to trick other traders into buying …

Original Source