Next Crypto Scandal On Its Way, Predicts Mark Cuban
Billionaire Mark Cuban predicts the next crypto scandal and claims will emerge from centralized crypto exchanges.
As per Cuban its the wash trading which will push lead to the possible implosion in crypto market.
Wash trading is when a firm projects huge volume and demand for a particular asset.
As per the National Bureau for Economic Research, nearly 70% of volume seen on unregulated exchanges are wash trading.