The Truth About Crypto Insider and Wash Trading
Public Key
Upcoming Bull Market and Focus on Compliance in Blockchain Industry
Exploring the strategies to ensure compliance, market integrity, and regulatory cooperation in the growing blockchain and cryptocurrency space, while adapting to increasing institutional adoption and emerging products like staking and real-world assets.
"To really understand market integrity, you need to be able to monitor for market abuse and other forms of illicit finance, on and off-chain."
This is a powerful statement from market manipulation, Chen Arad (Co-Founder & CXO, Solidus Labs), who speaks with Ian Andrews (CMO, Chainalysis) about the heart of market surveillance and integrity in a wildly fluctuating digital asset market.
Chen discusses the need for market surveillance to ensure fair and transparent trading and highlights the challenges of monitoring market manipulation and the significance of on-chain and off-chain data.
Chen also highlights the prevalence of insider trading and wash trading in the crypto market and explores the future of the industry and the importance of building compliant and safe services.
He provides insights on the crypto market's need for robust risk and compliance systems and the growing regulatory recognition of its importance, while revealing alarming statistics revealed in Solidus Labs' Market Manipulation Reports.
Minute-by-minute episode breakdown2 | Chen Arad's background as a journalist and his path to working in crypto and launching Solidus Labs
7 | Understanding the concept of market surveillance and market integrity in crypto
12 | The approval of ETFs as a vindication for the necessity of market integrity in crypto
16 | The need for cross-market surveillance and integrity
22 | Real-time monitoring in crypto markets and importance of on-chain and off-chain data for market surveillance
28 | Insider trading and wash trading are more widespread than believed
35 | Unpacking the definition and mechanics of wash trading on decentralized liquidity pools
40 | Wash trading involving malicious smart contract scams and potential money laundering
44 | The importance of building compliantly and working with regulators
47 | Potential for cross-market surveillance and growth of on-chain market
Related resourcesCheck out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.
- Website: Solidus Labs: Safeguarding Your Crypto Business
- Reports: The Crypto Market Manipulation Report: Pt. 1 Insider Trading | Pt. 2 Wash Trading
- Blog: Future of Crypto in the UAE: Insights from Solidus Labs at iFX EXPO Dubai
- Blog: Combining On-Chain And Off-Chain Analysis: A Primer
- Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!
- Blog: Chainalysis In Action: Israeli Authorities Disrupt Hezbollah and Iran Quds Force Terrorism Financing Crypto Infrastructure, Seize $1.7 Million in First
- Blog: OFAC Sanctions Russia-based Blockchain Companies, Including Netex24 and Bitpapa, for Facilitating Sanctions Evasion
- Blog: OFAC and OFSI Sanction Social Media News Outlet Gaza Now for Hamas Fundraising in Wake of October 7 Attacks
- YouTube: Chainalysis YouTube page
- Twitter: Chainalysis Twitter: Building trust in blockchain
- Tik Tok: Building trust in #blockchains among people, businesses, and governments.
- Telegram: Chainalysis on Telegram
- Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)
- Chen Arad (Co-Founder & CXO, Solidus Labs)
This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.
Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.
Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.
Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.
The AI-powered Podcast Player
