Cryptocurrencies

Top Regulator Worries That Crypto Markets Could Be Full of Manipulation

  • SEC official wonders who watches for spoofing, front running
  • Warding off manipulative behavior a top concern, Redfearn says

Bitcoin: What’s Coming in the Year Ahead

Lock
This article is for subscribers only.

Add a top U.S. financial regulator to the list of people concerned that lightly policed cryptocurrency markets make easy targets for manipulators.

Warding off market cheaters in digital currencies is among the Securities and Exchange Commission’s major concerns as it monitors those assets, according to Brett Redfearn, head of the regulator’s Division of Trading and Markets.