Kyle Gibson
1 min readSep 3, 2018

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“ The exchanges, in turn, market themselves with rampant, and indeed obvious, wash trading.”

Predominantly using Tether ($USDT) to do so. Same for most pump & dumps, which investors should also know about. The crypto market owes much of its liquidity to this un-audited stablecoin, and some believe, much of its appreciation.

https://medium.com/tokenreport/token-report-by-new-alchemy-newsletter-issue-3-asylum-harbor-adb905c8b4df

https://tether.to/wp-content/uploads/2018/08/Tether.pdf

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