I don't need to add links to prove, but just google these exchanges and add the wash trading to your search term, you'll be marvelled at the results you'll find.
How can we attract new money into the market when top wash trading exchanges like Bitforex and Bibox still exists and deceives people freely?
Actually, we don't have to attract them, they will come in normally when they see the market shines again. This usually happens when they see the market starts to trigger a bull run. We're just now at the middle of bears and bulls but eventually, 'new money' from institutions will sudden come afterwards.