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Tag Archives: Blockchain Transparency Institute

OKEx and Blockchain Transparency Institute Spar Over Alleged Wash Trading

Accusations of wash trading from the Blockchain Transparency Institute (BTI) have prompted OKEx's CEO to challenge BTI to a wager, which has opened up an entirely new can of worms. Wash trading, a form of market manipulation, is often used to create artificial marketplace activity to draw in more investors. Last week, a report from BTI alleged that 90% of OKEx exchange's volume was falsified via wash trading. Today, OKEx CEO Jay Hao invited researchers to partake in a bet. Hao staked 100...

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