The U.S. Department of justice launched an investigation associated with the suspected manipulation of the bitcoin market issued by company Tether licenzirovanie dollar USDT and operations on cryptocurrency exchange Bitfinex at the end of 2017.
According to Bloomberg, the investigation is being conducted in cooperation with the Commission on commodity futures trading (CFTC), which in December last year sent subpoenas to companies that did not disclose, according to the Law on freedom of information. However, sources of news, it became known that the Ministry of justice is interested in the details of the issue USDT, formation of demand for the cryptocurrency and communications Tether with Bitfinex.
We will remind that earlier the blogger BitCrypto’ed called Bitfinex financial pyramid. He believes that by using this scheme, the exchange has compensated the customers the funds they lost during the break-in in 2016. In December 2017 Bitfinex clarified its relationship with the Tether: the PR representative for both companies Torossian Ronn (Ronn Torossian) has promised to provide data of the full financial audit and reported that the head of strategic Affairs Bitfinex Phil Potter (Phil Potter) was Director of the Tether, also worked in the company and financial Director of the exchange Devasiri Giancarlo (Giancarlo Devasini).
In June of this year, a legal company, Freeh Sporkin & Sullivan, LLP (FSS) said that, although not conducted a formal audit of the company’s Tether, however, had access to her Bank accounts in two banks in a few weeks and can confirm that on June 1, the balance of the Issuer USDT was about $2.55 billion At the same time, researchers from the Department of Finance the University of Texas published a paper in which concluded that the Tether was manipulated bitcoin market. In early November, the Tether disclosed information about his Bank partner and has said repeatedly that fully ensures licenzirovanie the dollar is Fiat money.