Tuesday, December 24, 2013

Chinese Bitcoin Exchange Accused of Faking Trade Data


Once China's second-largest bitcoin exchange, OKCoin is claimed to have published unrealistically high trading volumes in the wake of the Chinese central bank imposing a ban on financial institutions handling the crypto-currency.

The ban saw several exchanges halt all incoming deposits, but OKCoin's trading data failed to show the dip experienced by fellow exchanges.

Read more...Chinese Bitcoin Exchange Accused of Faking Trade Data