Market manipulation was key factor in Bitcoin’s bull run, researchers say
According to a new paper by University of Texas finance professor John Griffin, and graduate student Amin Shams, Bitcoin’s price may have been artificially inflated in its run-up last December to nearly $20,000 per coin. It was just seven months ago that some of the internet’s most insufferable assholes told anyone that would listen about the newest force in the global currency market. It was a coin, made of digital 1’s and 0’s, that would disrupt the very idea of currency, a project so revolutionary that we’d all be rich, if only we had the resolve to “HODL.” And some… This story continues at The Next WebOr just read more coverage about: Bitcoin
KUALA LUMPUR (Dec 12): Former prime minister Datuk Seri Najib Razak left the Kuala Lumpur Courts Complex at 12.12pm after facing a charge over a 1Malaysia Development Bhd (1MDB) audit report.
Najib, attired in a navy blue lounge suit, flashed a smile before leaving in a black Proton Perdana car. About an hour earlier, former 1MDB president and chief executive officer Arul Kanda Kandasamy also left the complex. Both of them declined to speak to reporters who had gathered at the complex from as early as 7am.