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An Unscripted Chat with the Richest Man in the World* (Feat. Colin Platt)

Crypto Critics' Corner

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Wash Trading

There are legitimate market makers out there. These are big entities that are very well known in the industry. They are not necessarily the ones doing th trading. Often the wash trading will be done by a smaller, less known entity. It's just one of those troubling incentive issues. So it does exist but we don't refer to it in the same way as traditional markets. If we're talking about united states, canada, western europea, these markets are very well policed. We want to make sure that there's constant connectivity. And if nothing happens for a long time, people won't really know what is going on.

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