Newslink: How Coinmarketcap Incentivizes Exchanges to Report Fake Volume

Bitforex, a cryptocurrency exchange that scarcely scraped the top 100 by trading volume until recently, has been accused of generating false trades on a mammoth scale. Crypto Exchange Ranks, which pulls in open source data from exchange APIs, has published a report in which it accuses Bitforex of creating fake volume and Coinmarketcap (CMC) of being complicit in the scam.

https://news.bitcoin.com/how-coinmarketcap-incentivizes-exchanges-to-report-fake-volume/