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by arcticbull 2447 days ago
95% of that volume is fake [1] especially on bitfinex haha, they’re the scammiest. When they launched they were just importing order books from other exchanges to make it look like they had volume, and they launched Tether when they lost banking which also lost banking and had hundreds of millions seized for money laundering. Bitfinex is the biggest scam in the space and that’s saying a lot.

[1] https://www.forbes.com/sites/cbovaird/2019/03/22/95-of-repor...