US Launches Criminal Probe into Bitcoin Price Manipulation

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US Launches Criminal Probe into Bitcoin Price Manipulation – Bloomberg

The Justice Department has opened a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies, dramatically ratcheting up US scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

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The IMF Could Push Argentina From a Currency Crisis Into a Debt Crisis

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The IMF Could Push Argentina From a Currency Crisis Into a Debt Crisis – Business Insider
When the “hot money” gets antsy, a currency crisis morphs into a debt crisis. You just don’t lend Argentina’s government money. Not in its own currency, because it relentlessly destroys that currency, and not in a foreign currency, because it will default on it. Lending money to Argentina is like trying to run across a 16-lane freeway with traffic zooming by at 70 mph. You just don’t do it.

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