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Thoughts on Huobi CEO denying Faking Trading Volume
by
sn0wfox
on 13/03/2014, 06:31:11 UTC
So Huobi's CEO Leon Li once again denied any faking of trading data as published in Coindesk (http://www.coindesk.com/huobi-ceo-addresses-fake-trading-volume-rumours/) and saying that "Zero transaction fees is the future". I personally do not believe any of the BS he claims, since the notice of the Chinese government in early December, both BTC China (the largest by volume at the time) and OkCoin's volume dropped drastically, whereas Huobi's volume continues to skyrocket. It won't be long before they get caught and end up like Mt.Gox!