So based on the report, only those small and medium exchanges does not show their real volumes. I don't think this serves as a major problem in the crypto market when the largest and famous exchanges do report their actual and real-time volumes. People just need to use those if they don't want get stressed on this facts.
That is it, so I wonder why we are stressing ourselves in bothering over those smaller exchanges, except they are the real ones and the big ones are just using this news to kill smaller ones and create monopoly. Moreover, I dont see why people are even coming up with too many exchanges for now; they would have just prepared it against the future instead of tarnishing the name down already.
The big exchanges we have are more than enough to serve the entire market right now and nay new exchange will end up not getting much volume, so they will have to adopt the VOLUME FAKING method to be able to attract users to themselves, and I guess that is why we see those fake volumes.