David W. Jones on Nostr: Cryptocurrency is fraud. Self-dealing has a long history on crypto exchanges: ...
Cryptocurrency is fraud.
Self-dealing has a long history on crypto exchanges: Researchers investigate 'wash trading'
https://phys.org/news/2024-08-history-crypto-exchanges.html
> In 2019, the American tech trading company Bitwise presented to the SEC that an astounding 95% of cryptocurrency exchanges were fake. This claim may be credited to a type of market manipulation called "wash trading," which involves inflating trading volumes by buying and selling with oneself.
#cryptocurrency #fraud
Self-dealing has a long history on crypto exchanges: Researchers investigate 'wash trading'
https://phys.org/news/2024-08-history-crypto-exchanges.html
> In 2019, the American tech trading company Bitwise presented to the SEC that an astounding 95% of cryptocurrency exchanges were fake. This claim may be credited to a type of market manipulation called "wash trading," which involves inflating trading volumes by buying and selling with oneself.
#cryptocurrency #fraud