Okex fakes 90%+ of its volume. Huobi 80%+. CMC has also listed a dozen fake chinese exchanges where 99% of the volume is fake.

Article: https://medium.com/@sylvainartplayribes/chasing-fake-volume-a-crypto-plague-ea1a3c1e0b5e

– Author tweet: https://twitter.com/ArtPlaie/status/972478233672171520
– Binance take: https://twitter.com/cz_binance/status/972756104987004928

Because there is no regulation, we need to self-police to get rid of bad actors. They are impacting us as a whole.

There is a need to hold coinmarketcap accountable. These people were also selling ads to Bitconnect. Most likely they charge a fee to list these fake exchanges.

We also need to hold Okex and Huobi accountable. They are serial offenders. For those who don’t know. Okcoin and Huobi before they got shutdown in China had invested their CUSTOMERS fiat deposit in high interest investment products



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