Analyst spends 48 hours proving Kucoin engaged in wash trading via API data.

It's a drop in the bucket relative to what wash trading can bring. Like making your exchange seem like it has liquidity, seem like it does volume. You can attract traders. You can do all sorts of [ __ ] So trading fees is not a reason to not wash trade. But he got very cocky here and he goes, "I understand that you're paid to promote Khi, but there isn't a world in which you believe that the volume is real yourself, unless you're not a trader. Then it's possible, but I don't know you all that well. I'll give you a few minutes to think this through and delete this." This should have been warning signed. And then he's just like, "Double down. I'm not paid to promote Koshi. I literally work there." Kind of means you're paid to promote them. I'm paid to promote Kraken whether I like it or not, right? Like I work at Kraken. It's kind of one and the same. Then [laughter] this guy spent the next 48 hours going Zack XBT Coffeezilla level, you know, detective just annihilating Kelshi and proving unequivocally that they were wash trading volume. He literally has stuff that he pulled directly from their API showing that they were running this same Ethereum trade over and over and over again and reached out to