Bitcoin Price Falls Under $10,000 After Bitfinex, Tether Subpoena
bitcoin·@southforce·
0.000 HBDBitcoin Price Falls Under $10,000 After Bitfinex, Tether Subpoena
<html> <blockquote> US regulators’ scrutiny into Bitfinex, one of the world’s largest cryptocurrency, over its dollar-pegged digital token Tether has sent bitcoin sinking below $10,000. </blockquote> <blockquote> <a href="https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc">Bloomberg</a> is reporting that the US Commodities Futures Trading Commission (CFTC) has sent subpoenas to Bitfinex and Tether, the firm behind a namesake digital token that is directly pegged to the value of a US dollar and is used for widely used for trading among exchanges globally. While Tether says its $2.3 billion in tokens are backed by USD reserves, the CFTC and Tether’s skeptics have questioned that very claim. </blockquote> <p><img src="https://248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com/wp-content/uploads/2018/01/Bitfinex-BTC-USD.png" width="1061" height="638"/></p> <p>Full article: https://www.ccn.com/newsflash-bitcoin-price-falls-10000-bitfinex-tether-subpoena/</p> </html>