But one of the most prevalent is something called wash trading. (SOUNDBITE OF MUSIC)HIRSCH: Wash trading has been around for as long as people have actually traded assets on open exchanges. But what is wash trading exactly? The problem is that in the weird world of the crypto-verse, exchanges are often incentivized to encourage wash trading. I can tell you how much wash trading was happening today on certain NFT platforms.

Source: Forbes September 20, 2022 02:08 UTC