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[–] CDanger 1 points (+1|-0)

The illicit tactics that the Justice Department is looking into include spoofing and wash trading -- forms of cheating that regulators have spent years trying to root out of futures and equities markets, the people said. In spoofing, a trader submits a spate of orders and then cancels them once prices move in a desired direction.

Which laws were violated here? Is this for a US-based exchange?
[–] Owlchemy [OP] 1 points (+1|-0)

Ya got me, I just read it. But governments everywhere don't generally like such things, so who knows if they have a legit case.

[–] jidlaph 1 points (+1|-0)

Or even if Bitcoin is acknowledged by US financial rules.
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