Michele
Tue Jul 09 2024
|
5 answers
1027
Did cryptocurrency exchanges fake trading volume using automatic programs?
In recent years, the cryptocurrency market has witnessed explosive growth, attracting millions of investors worldwide. However, with this rapid expansion, concerns have arisen regarding the integrity and transparency of some cryptocurrency exchanges. One such concern revolves around the alleged practice of faking trading volume through the use of automatic programs. Could you elaborate on this issue? Have there been instances where exchanges have been caught using bots or other software to inflate their trading figures? If so, how prevalent is this phenomenon? What are the potential consequences for investors if exchanges are indeed manipulating their trading data?
