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Huobi Clamps Down on Crypto Wash Trading After Bitwise Report

Huobi Clamps Down on Crypto Wash Trading After Bitwise Report – CoinDesk

Huobi Global said it does not engage in any wash trading, and has taken steps to discourage such activity in the wake of a report implying the crypto exchange reported fake trading volume. Livio Weng, CEO of Huobi Global, told CoinDesk through a spokesperson that the exchange “is not involved in any wash trading,” and any such actions would go against the exchange’s “core values.”