The most annoying part about these crypto exchanges is their ranks on rating websites e.g coinmarketcap, I wonder how this website get so blind and over look the fake volumes and watch trades, they need to be exposed
There are other websites similar to coinmarketcap that have implemented their own solutions to try to not include those exchanges at the top since they are obviously faking their volume, it is not perfect but their list of top exchanges by volume is better because of this, however if it was up to me I will blacklist any exchange that tries to fake their volume as we know that is a huge red flag and it means the owners of those exchanges are not above lying and cheating to try to get people to deposit their money with them.