Kalshi denied faking its crypto trading volume in a response published Monday, attributing a repeating trade size in its ether perpetual futures to a single market maker it pays to keep orders resting on the book. Traders spent the weekend on X accusing the exchange of wash trading after the same... Read the full story at The Defiant
Kalshi Denies Faking Its Crypto Volume
The exchange says the repeating trade size that drew wash-trading accusations over the weekend came from one market maker it pays to keep orders on the book, and that the maker was losing money to faster traders.
