Digital Currency Prices Keep Falling, with Bitcoin Trading Below $8000
All major virtual coins operating on the cryptocurrency market have experienced a rapid decrease in value, while the US Department of Justice has started an investigation related to cryptocurrency price manipulation. The current number on coinmarketcap has also drastically declined.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/digital-currency-prices-keep-falling/
I read the original Bloomberg report on this a few days ago. It is the source this article is referencing.
This one line in the report ..."said the people, who asked not to be identified" arouses my suspicions as to the validity of this claim that a DOJ investigation is underway.
Cryptocurrencies are regulated by the "Commodity Futures Trading Comission" (FTC) and the "Securities Exchange Commission" (SEC). Each of which have their own investigative branches.. If an investigation was opened it would be opened by the FTC or SEC not the DOJ. However the DOJ would prosecute if charges are filed. If someone out there is more versed in the function of DOJ involvement in such matters I'm open to your input.