Tag: Fake Trading Volume

CoinmarketCap Comes Under Fire for not Removing Exchanges Allegedly Faking Trading Volume

There appears to be growing dismay regarding the way CoinMarketCap works. Albeit this platform is already under fire for not reporting the correct circulating supply of multiple currencies, their “refusal” to remove known fake volume exchanges isn’t helping matters much. It seems that latter aspect has sparked a new debate on Reddit as of late. CoinMarketCap Faces More Scrutiny Over the past few months, there seems to be a growing …
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South Korea’s Komid Exchange Officials Sent to Jail for Faking Trading Volume

There is no shortage of controversy in the cryptocurrency industry these days. All major trading platforms are being scrutinized by users all over the world. Numerous allegations regarding fake trading volume have surfaced in recent years. Although most of those claims have not been proven, it seems several individuals associated with Komid will face serious jail time. The Komid Trading Volume Scandal South Korea is quickly becoming one of the …
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