Justice Department opens criminal probe into price manipulation of Bitcoin, other digital currencies

May 24, 2018 | 7:45 AM A Bitcoin ATM is seen in Hong Kong on May 11. (Kin Cheung / Associated Press) The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. 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 floodi…

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