Matt Levine, Columnist

Libor Chats and Bitcoin Scams

Also: spies, parties, hedge funds, barbecued unicorns.

Libor.

There's not much new in Citigroup's $175 million Libor-manipulation settlement with the Commodity Futures Trading Commission yesterday. It's the same sort of dumb e-mails and chats that you've seen before; once again, the CFTC helpfully compiled the dumbest examples in a separate document for those who don't care about the law or the fines and just want to read the trader chats: