Tether, Bitfinex accused of market manipulation

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Plaintiffs alleged Tether and Bitfinex used billions of dollars in USDT, Tether's dollar-backed stablecoin to buy cryptocurrencies.

In a surprising development, plaintiffs in a long-standing class-action lawsuit have accused Tether and Bitfinex of engaging in a misleading scheme to manipulate cryptocurrency prices.“Keeping their identities secret, Defendants made massive, carefully timed purchases of crypto commodities to signal to the market that there was enormous demand and thus cause the price of those commodities to spike.

In this case, the main plaintiffs are American cryptocurrency traders Matthew Script, Pinchas Goldshtein, Jason Leibowitz, and Benjamin Leibowitz. Additionally, several other civil class action lawsuits and their plaintiffs have joined the litigation.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 22. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

USDC gains ground: Tether’s market share drops to 74% in 2024Tether USDT market share drops from 82% to 74%. Regulated stablecoins such as USDC gains market share depicting changing market preferences.
مصدر: CryptoAmb - 🏆 22. / 68 اقرأ أكثر »