CMC CTO: Bitwise's Bitcoin transaction volume fraud report cannot be verified

Bitwise reported earlier that 95% of BTC trading volume was forged by unregulated exchanges. CoinMarketCap (CMC) chief technology officer (CTO) Mauvis Ledford said in an interview that Bitwise divided Bitcoin trading volume into "real" and "false" parts, but the accuracy of such classification could not be verified. There is no evidence that the information collected by Bitwise is from a third party and there is no information about Bitwise's research.