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What Is Wash Trading and Its Impact on the Crypto Market?

How long will Crypto Winter last?

Published Jan 16 '23

Fact

What is wash trading and why is it bad? Wash trading is essentially when a firm or party trades with itself to artificially boost prices, give the illusion of liquidity, and generate interest from other investors, according to Timothy Cradle, the director of regulatory affairs at Blockchain Intelligence. That can lead other investors to buy the token at an artificially high price. It's fraud and a form of market manipulation, he said.

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