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A comment on Bitcoin-Rigging Criminal Probe Focused on Tie to Tether. Parent comment

Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether by pavel_lishin on Tuesday November 20, 2018 @11:06AM (#18494841)
> then anyone who has ever taken crypto to work on a project, anyone who handled the influx of cash to exchange it for crypto by selling Tether (which is all of the major exchanges), are headed for a storm of hurt.

Why would all cryptocurrency transactions be tainted by this? Or are you saying that the value (relative to real money) would plummet?

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Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether by nyolfen on Tuesday November 20, 2018 @11:45AM (#18495232)
presumably it would foreshadow a regulatory crackdown
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Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether by gibsons77 on Tuesday November 20, 2018 @01:34PM (#18496345)
Sounds like torrents all over again, i.e. a giant waste of resources. Criminals will always be one step ahead of the DOJ or any other regulatory body.
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Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether by pavel_lishin on Tuesday November 20, 2018 @02:52PM (#18497057)
Well, it's a little different. Torrent sites didn't have centralized websites that would literally trade large sums of money for torrents.
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Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether by dralley on Tuesday November 20, 2018 @02:34PM (#18496908)
Whether a "giant waste of resources" or not, the torrent ecosystem nowadays is nowhere close to what it was a few years ago.
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Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether by gibsons77 on Tuesday November 20, 2018 @03:03PM (#18497175)
Right, but that's thanks to innovation in the digital media space and subscription models, not necessarily regulatory pressure.
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Re:Bitcoin-Rigging Criminal Probe Focused on Tie to Tether by r00fus on Tuesday November 20, 2018 @05:59PM (#18498656)
Torrents couldn't be used to launder money for corrupt purposes. Anyone in crypto who didn't see this coming was blind or willfully ignorant.
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