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Maybe one of the reasons SBIVC dumped Huobi?

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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:



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.

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