U.S. Launches Criminal Probe into Bitcoin Price Manipulation

Breaking news from America concerning the potential (or obvious...) price manipulation of Bitcoin and other cryptocurrencies.
With a probe by the US Justice department working with the Commodity Futures Trading Commission into price manipulation focussing on fake buy/sell orders, wash trading and 'spoofing' (honestly not sure what is meant by this, happy to be enlightened).
If this is occurring, in the wake of news that big money from institutional investors is waiting to enter the market, it could be too late, a sudden and large dip could be expected so big money can scoop up cheap bitcoin with a presumably quick recovery.
Considering the speed at which criminal investigations take to actually procure results and judgments, it may be too little too late looking at the current price movement, with bitcoin down almost 25% ($7500) from the start of the month.

Could this bring further uncertainty into the market or does this potentially provide added legitimacy to the market?

Let's talk.

Link below:

https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe?utm_content=crypto&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social