
The Endemic Problem of Wash Trading With Cryptocurrency Exchanges
One year has passed since Sylvain Ribes shed a spotlight on the extent of wash trading among major cryptocurrency exchanges, detailing his belief that more than $3 billion in volume in early 2018 was fabricated. Specifically, Ribes identified OKex as the primary culprit, responsible for nearly 93 percent of its volume non-existent. Since then, the…
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