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Eoh Kyung-hoon, leader of a club studying cryptocurrencies, checks a chart after a meeting at a university in Seoul, South Korea, December 20, 2017.

The US has reportedly opened a criminal probe into market manipulation of bitcoin and other cryptocurrencies

The US Justice Department and the Commodity Futures Trading Commission are investigating spoofing and wash trading in cryptocurrency markets, according to Bloomberg.
CFTC chairman Christopher Giancarlo.

US finance watchdog warns investors: ‘Beware virtual currency pump-and-dump schemes’

The CFTC has joined fellow US regulators the SEC and FINRA in warning investors to watch out for scams in the cryptocurrency market.
A screenshot of Bittrex's website.

Traders on a $1 billion cryptocurrency exchange say they can’t withdraw money and are left in the dark about why

Bittrex admitted to "significant delays" handling customer problems but said it has hired more staff to address the issues.
The scams used by the 'Wolf of Wall Street' in stock markets have now found their way into cryptocurrency markets.

‘Market manipulation 101’: ‘Wolf of Wall Street’-style ‘pump and dump’ scams plague cryptocurrency markets

Traders "pump and dump" small cryptocurrencies to artificially inflate the price in the hope of making a quick profit at the expense of other investors.