Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says

Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says

Last week’s roundup of crypto promoters and traders following an elaborate sting operation by federal prosecutors served as a reminder that fake trades used to inflate prices continue to be lingering issue in the digital asset world.  The wash trading strategy used to boost the FBI-created token NexFundAI remains a…