You have successfully emailed the post. 20,whats a bitcoin worth appeared to be driven by market manipulation.
The alleged manipulation centres around exchange Bitfinex and the cryptocurrency Tether, which it is closely linked to. The paper claims Bitfinex used Tether to buy bitcoin at times of low demand and prop up the price. It’s not the first time concerns about Tether have surfaced. Rumours have been circulating that Tether, a crypto pegged to the dollar, does not have the currency reserves to back it up. The company behind Tether strongly denies allegations. LONDON — Cryptocurrency Tether is back in the headlines for all the wrong reasons.