Report: DOJ, CFTC target bitcoin price manipulation
A Bitcoin ATM machine in Wan Chai, Hong Kong. Photo: SOPA Images/via Getty Images
The Department of Justice is investigating traders for criminal price manipulation of bitcoin, working with the Commodities Futures Trading Commission, Bloomberg reports.
Why it matters: Government regulators have been playing catch-up to the booming crypto market, but this suggests they're determined to make up lost ground.