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Economics
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Federal Investigation Launched into eBay's trading action attacking Carl ICahn
by
Mikerogers
on
30/05/2014, 23:53:07 UTC
As many know, Carl ICahn is a large shareholder in eBay. On Friday, there was a federal investigation into perceived price manipulation for eBay's stock by Carl Icahn and a few other big shareholders. Wall street Journal broke this news, more to come.
http://online.wsj.com/articles/fbi-sec-probe-trading-of-carl-icahn-billy-walters-phil-mickelson-1401492772
The reason why this is being posted is that eBay (with PayPal) are direct competitors to Bitcoin. If eBay/PayPal take a bit, Bitcoin will likely take market share from it.