“It is very difficult to know, from what has been publicly disclosed thus far, the nature of the government inquiry that has been sent to the Ethereum Foundation or whether the Foundation is the target of that investigation,” Preston Byrne, managing partner of Byrne & Storm, P.C., told CoinDesk in an email.
Bitcoin Price (BTC) Falls 4% in U.S. Morning Hours
The news combined to send the U.S. dollar and bond yields modestly higher, but had little effect on stocks. Bitcoin,...