Is wash trading a pervasive practice in the crypto-economy?

Could you elaborate on the prevalence of wash trading in the crypto-economy? Is it a widespread issue that affects the integrity of the market, or is it a relatively rare occurrence? How does wash trading impact the prices of cryptocurrencies and the trust of investors in the market? Are there any measures in place to prevent or detect wash trading, and if so, how effective are they? Understanding the extent and implications of wash trading in the crypto-economy is crucial for investors and regulators alike.