Crypto Firm Rejects Paper Claiming It Was Used to Manipulate Bitcoin Price, Says Study ‘Built on a …

Cryptocurrency firm rejects paper claiming it was used to manipulate bitcoin price, says study is “built on a house of cards”

A cryptocurrency company has rejected the conclusions of an academic study which this week suggested it was used to secretly manipulate the price of Bitcoin. Trading platform Bitfinex has pushed out a firmly-worded rebuke against a peer-reviewed paper authored by professors John Griffin and Amin Shams which said a single entity may have jacked up Bitcoin’s value in 2017, when the price of a coin jumped to almost $20,000.