'Dr. Doom' economist Nouriel Roubini says the crypto industry is a 'total criminal enterprise' riddled with market manipulation
on Tuesday the trillion-dollar industry is chock full of"constant market manipulation" and a"total criminal enterprise."His remarks pointed to claims from a well-known pseudonymous crypto blogger, Bitfinex'ed, that token prices jumped prior to financial regulators enforcement actions, accusing exchanges of inflating the market by coordinating with their"market faker friends.
In comments earlier this year, Roubini said"literally 99% of crypto is a scam" and a"total real-bubble Ponzi scheme that is going bust." "You have to stay away [from crypto], you have to absolutely stay away," Roubini, one of the economists to call the 2008 recession, previously told
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