Supply of USDT significantly increases after the December 6th Szona

At the beginning of this week, it was reported that on February 6, 2017, the United States Commodity Futures Trading Commission (CFTC) sent Biphphinex and Tithar to the Sipopanus. However, more information related to subcoins has not been revealed, but despite the dramatic explosions in the number of BTFTX and Tater, despite the loss of banking partners in March, there has been a lot of discussion in circulation of UNDT last year, it has questioned the integrity and transparency of the two companies Is raised.

Since February 2017, the number of USDT has increased by about 9,000% in circulation, which increased from $ 25 million in the beginning of February last year to more than $ 2.25 billion by the end of January 2018, after receiving the order according to the coinmarkap, Tithar increased the number of US $ 775 million, which included an increase of 52.5% in total supply from December 6, 2017. In this way, 34.5% of all the USDT was built together, after which Tithar had obtained this order CFTC.

          Doubts grow around the operation of bitfinax and tithar

Large-scale speculation has been attributed to TTR and Bitfinex for issuing a USTT for attempting a last ditch, which manipulates BTC markets in light of STCA. Many sources have argued that the tether made after December 6th may have been prepared without a USD backing, and after that the disclosure of the existence of the High Court to record the prices for transactions Traded to drive first.

The allegations of insider trading have continually shocked Bithphx in their lifetime. In early 2013, apparently dissident pre-bittifex employees leaked email correspondence between themselves and former CEO Bitfine, Rafael Nicholle. In the email, the employee has alleged that the business account for Bitfinax's current chief financial officer, Giancarlo DeVasini, "was given to the credit of one million dollars, the money he had not deposited in his account."

Regarding the CTTC Sequoia claim, statements issued by Bitfinux and Tithor are "we routinely receive legal process from law enforcement agents and investigating regulators. It is our policy to not comment on such comments."

     Expand the mandate of CFTC

J Christopher Giancarlo, Chairman of the United Nations Security and Exchange Commission, J. Clayton and Chairman of CFTC, broke the storyline of the story before the co-author of an open letter discussing his view on the role of regulatory bodies. Regarding the Cryptocurrency Market

It has been stated in the letter that after the launch of related Bitcoin futures markets of CBOE and CME, CFTC has access to the US Bitcoin futures market and those data that help detect and follow bad actors in the underlying spot market. Can. "