Bitcoin Insider Trading? $74M Short-Sell Is Suspicious: Expert

Bitcoin Insider Trading? $74M Short-Sell Is Suspicious: Expert
фото показано с : cryptodaily.co.uk

2018-9-7 16:30

On Wednesday and Thursday, Bitcoin (CRYPTO: BTC) tumbled nearly 14% (from $7,380 to $6,410) on news that Goldman Sachs would be pulling out of plans to set up a cryptocurrency trading desk. However, an artificial intelligence (AI) software firm finds suspicious activity that may (or may not) signal market manipulation or insider trading.

The questionable trade involves a 10,000 BTC ($74 million USD) short-sell position right before the Wall Street bank’s announcement, which led to sharp decline in crypto prices.

Continue reading Bitcoin Insider Trading? $74M Short-Sell Is Suspicious: Expert at Crypto Daily™.

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