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CFTC raises red flag over cryptocurrency pump-and-dump schemes

Warning from the Commodity Futures Trading Commission comes amid a continued recovery in the price of bitcoin

CFTC raises red flag over cryptocurrency pump-and-dump schemes

Virtual currency regulation was back in the news Thursday, with the Commodity Futures Trading Commission warning investors to steer clear of trading digital currencies and tokens in markets that often contain unlawful behaviour, MarketWatch reports.

The other news of the day was the continued recovery in the price of bitcoin that rose by more than 6%, regaining the $10,000 handle.

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