This is a very concerning report that will surprise nobody. There are many exchanges that trade on their own exchanges or fake the reported volumes to coinmarketcap so that they can trick people into thinking there is lots of trading going on, which has let them get away in many instances in selling listing to crypto projects for 10-20 times what the price should have been. This has been one of the issues DNotes has faced, with many 30-200k offers to list on cryptocurrency exchanges that are probably only doing a few million dollars a day in volume. The objective is to get onto one of the larger and more reputable exchanges that can be trusted, and thus deliver value for the community.