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ARTICLE · 05 JUNE 2018

This Week In Crypto And Blockchain: News Roundup

EKB | Edwards, Kenny & Bray LLP
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May 22, 2018, Canadian securities regulators, including B.C. and Ontario, reveal their participation in an international crackdown on suspicious crypto investment products.

CanadaTechnology
Kelly Samuels
Kelly Samuels
Katie Gordon
Katie Gordon
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U.S. Justice Department Launches Criminal Probe into Crypto Price Manipulation

May 24, 2018 – According to a Bloomberg report, the Justice Department has allegedly launched an investigation on Bitcoin/cryptocurrency price manipulation. Bloomberg reports that the investigation is focussed on "illegal practices that can influence prices", such as "flooding the market with fake orders to trick other investors into buying or selling". The investigation follows on the heels of China's recent ban and block on foreign cryptocurrency trading and initial coin offerings, as reported by the state-funded website ThePaper.cn.

"Operation Cryptosweep": International Crackdown on Suspicious Crypto Investment Products

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Borden Ladner Gervais LLP
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