Post
Topic
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
zazzbg1
on 20/01/2019, 12:25:56 UTC
https://cointelegraph.com/news/leaders-of-south-korean-crypto-exchange-komid-jailed-for-faking-volume-local-media
Daily FUD
Quote
The charges reportedly outline a scheme where the exchange faked 5 million transactions in order to inflate the volume, which reportedly earned them $45 million. It is also suspected that the company used a bot to automatically create large orders and attract new users.