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Topic: CTFC and 'manipulation' - page 2. (Read 324 times)

legendary
Activity: 1232
Merit: 1091
June 10, 2018, 03:31:34 PM
#2
It's impossible to prove that the market was subject to manipulation, regardless of how obvious it may have been, and the CFTC knows that. It's nothing more than a form of power play to show that they are 'guarding' the market for your well-being. It's like a dog barking, but when you come closer that dog ain't doing shit. They even have a page on their site where they gloriously praise crypto currencies. Can it be more contradicting? Regarding Bitfinex, that exchange is what mob boss John Gotti was back in the days, a teflon don. That exchange with its Tether time bomb somehow manages to avoid regulators like it's nothing. Very weird indeed.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
June 10, 2018, 03:13:21 PM
#1
https://cointelegraph.com/news/all-of-top-100-cryptocurrencies-see-red-amidst-cftc-price-manipulation-probe

Off they go with their noble probe.

Since it's screamingly obvious to everyone that all crypto markets are outrageously rigged and always have been, what is a possible outcome?

How do you link the intentions of a trade to a person? What's to say that spoofy wall wasn't pulled because you suddenly needed the money for your Komodo dragon's ransom?

Is this a shot across the bows or will they try and track some people down? And since when did all this theoretically become against the law.

The stupidest thing of all is that they haven't subpoenaed Bitfinex which is where everyone else still follows even if it doesn't fall within the CBOE basket.
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