Chainalysis Report: Market Manipulation Impacts Billions in Crypto Trading Volume
A new Chainalysis report highlighted growing concerns over market manipulation in crypto, exposing billions in wash trades and pump-and-dump schemes across blockchain networks. Blake shared his thoughts on the report, which was covered by Rachel Wolfson in Cryptonews.
“As the industry matures, it inherits bad actors from traditional finance, just as the internet inherited scammers and fraudsters from the real world,” said Blake. “Crypto has also entered the political mainstream and manipulation is evolving.”
