Maybe one of the reasons SBIVC dumped Huobi?

[PunishmentOfLuxury]

Back in December 2017, SBI Virtual Currencies announced a strategic alliance with Huobi, only to dissolve the nascent partnership in March 2018.

Maybe the split was partly to do with alleged fake trading volume on the Huobi exchange:

https://medium.com/@sylvainartplayribes/chasing-fake-volume-a-crypto-plague-ea1a3c1e0b5e

Quote

81.8% of made-up volume, not quite as shameless as their most direct competitor but still extremely high.

A quick glance at their trading history easily confirms that although the volume appears much, much more organic than OKex’s, there still exists a strong background of constant low-key wash trading

I have no means to establish whether or not the allegation is true, but it reaffirms my impression that SBIVC wants to do it right.

Thanks to @PG1 for bringing the above article to our attention.

[Guest]

Interesting. Anybody want to give a tutorial on how this would work?

[Dario_o]

https://en.wikipedia.org/wiki/Wash_trade