It seems the New York Attorney General is not the only person accusing sister companies Bitfinex and Tether of breaking the law. A paper accusing the companies of market manipulation designed to boost the price of Bitcoin will be published soon.
LedgerX CEO Paul Chou accused CFTC Chairman J. Christopher "Crypto-Dad" Giancarlo of vendetta (via LedgerX).LedgerX accused ex-CFTC Chair J. Christopher Giancarlo of vendetta
An unflattering blog post by LedgerX CEO Paul Chou led to a campaign of delays to the exchange’s license to offer physically settled Bitcoin futures, the firm alleged
Cryptocurrency derivatives exchange LedgerX has accused former U.S. Commodity Futures Trading Commission Chairman J. Christopher Giancarlo of carrying out a revenge campaign. LedgerX wrote two letters of complaining about Giancarlo to the CFTC in July, Coindesk reported September 28. Giancarlo is known as “Crypto-Dad” because of his favorable view of the cryptocurrency industry. Coindesk obtained the letters, written on July 3 and July 11 from the CFTC via a Freedom of Information Act request. In them, LedgerX CEO Paul Chou claimed Giancarlo deliberately sabotaged and delayed its vital derivatives clearing organization (DCO) license application. “In January, the Chairman called one of our board members and told him that he was going…
Cboe pulls Bitcoin index fund application—again
The BZX Exchange had asked the Securities and Exchange Commission to approve an ETF tracking the price of Bitcoin
Securities and Exchange Commission Chairman Jay Clayton may feel that his agency is getting closer to approving an index fund tracking cryptocurrencies, but it’s apparently not close enough for the Chicago Board Options Exchange, which just withdrew its application to create a Bitcoin EFT.
Crypto’s Gold Replacement Theology remains a myth—for now
Data show Bitcoin isn’t the gold-replacing safe haven touters say it is
For the past several days, Bitcoin/self-promoters have been touting the cryptocurrency as a safe haven from uncertainty in the markets. In other words, they are letting fantasy get in the way of reality.
