Bitcoin Hits $8000! On A Mysterious Telephone Commutation Alongside A Shady Past...
There was i time a Russian based telephone substitution called BTC-E which unopen downward afterwards an insider in that location named Alexander Vinnik was charged amongst laundering billions - currently the US, France, in addition to Russian Federation are fighting over who gets to extradite him in addition to pose him behind bars.
The BTC-E telephone substitution was too allegedly connected to dark marketplace darknet drug dealers from the at nowadays busted Silk Road - basically, BTC-E was a favorite telephone substitution amid the shady members of the crypto underworld.
Flash forrad to today, BTC-E re-launched nether the refer WEX - in addition to the shady work organisation seems to convey started upwards again. They're showing Bitcoin trading at $8151, piece other exchanges are showing it somewhere roughly $6400.
Traders inwards diverse crypto forums in addition to telegram channels are suspecting an leave of absence scam may last coming - the cost manipulation could last to attract gullible arbitrage traders. That is, when Bitcoin is selling higher on i telephone substitution than another, you lot could inwards theory buy Bitcoin for $6400 from somewhere similar coinbase, shipping the coins to WEX, thence sell them at a huge turn a profit amongst niggling essay - peradventure WEX is hoping people get-go sending their BTC over for this reason, thence the site volition but disappear.
WEX has already given users a heads upwards for planned downtime for "maintiance" tomorrow June 12th.
Avoid this one.
Author: Oliver Redding
Seattle News Desk
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