Archive: market manipulation

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Tron’s Troubling Founder

By Vin Narayanan on June 3, 2022

Not every crypto is spilling red ink this year. While bitcoin is down about 37% in 2022, Tron (TRX) is up about 10% this year. And most of the gains have happened in the last 30 days. Last month, Tron launched the USDD stablecoin. USDD is an algorithmic stablecoin. One USDD is supposed to equal $1. And the peg is maintained by burning TRX to mint USDD or converting…

The SEC’s Crypto Market Manipulation Fears Make No Sense

By Vin Narayanan on September 20, 2019

The SEC is refusing to approve a bitcoin ETF out of fear of market manipulation. But that fear is nonsensical.