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> But there's a problem here: Some cryptocurrency exchanges have been faking their volume numbers in order to raise the visibility of their businesses and bring
by gentleman11 5y ago
> But there's a problem here: Some cryptocurrency exchanges have been faking their volume numbers in order to raise the visibility of their businesses and bring in more customers. That's easy to do in the less-than-transparent world of global crypto trading.
> Now, an effort is underway to force the exchanges to report real numbers.
I can’t believe this isn’t fraud of some sort already
- bhouston 5y agoIt is fraud, it is called wash trading: https://en.wikipedia.org/wiki/Wash_trade https://en.wikipedia.org/wiki/Wash_trade