The crypto trading firm pitched investors on the basis that its best trade execution platform offers institutions a solution to the wash trading that is rife in the space.
A 20-year-old college student explains how he made a business of faking trade volumes at crypto exchanges.
The Ontario Securities Commission alleges Coinsquare manipulated markets with fake trading volumes between 2018 and 2019.
Huobi said it has taken steps to discourage wash trading in the wake of a report that implied the exchange inflated trading volume.
CoinMarketCap explained the difficulties in offering volume data on Thursday, but added it would incorporate new features to reduce this.