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www.wired.co.uk stated that a newspaper by researchers at the University of Texas at Austin's department of finance indicates that someone at Bitfinex cryptocurrency exchange may have artificially inflated the price of coins including bitcoin, ether, and Zcash. The responsible for this appears to have been Tether, a cryptocurrency with the same CEO as Bitfinex.
What are your thoughts about this? Do you think they really manipulated the price? Is it possible?
Of course there are always some manipulations with a cryptocurrency. People are doing everything for their own convenience and income. It is understandable but might be confusing to other users, traders as it is hard to understand if the information is trustworthy or it was just the part of the manipulation game.