Bithumb Deny Faking Trade Volume

Bithumb Denied Faking Trade Volume

A cryptocurrency exchange based in South Korea has recently denied the allegations of faking trade volume in their exchange. The Cryptocurrency exchange ratings and analytics service (CER) has accused Bithumb of faking up to 94 percent of its trade volume during 2018. It also suspects Bithumd used “wash trading” to make up the extra trade volume.

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