Forex scandal

Forex is short for foreign exchange, and it’s a type of financial trading where people buy and sell different currencies from all over the world. In 2015, many banks were involved in a scandal where they worked together to manipulate the prices of the different currencies. They would secretly agree to buy and sell certain currencies to each other at certain prices in order to make more money. This kind of cheating is not allowed, and people got in trouble for it.