Cybersecurity
Crypto's Open Secret: Multibillion-Dollar Volume Is Suspect
- BitForex rose from obscurity to No. 1 in trading in months
- Individual investors may find cashing out harder than expected
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Four months ago, BitForex was just one of many obscure exchanges offering users the ability to trade cryptocurrencies like Bitcoin.
Today, the Singapore-based platform is regularly reporting daily transactions that exceed $5 billion -- nearly matching turnover on London’s 217-year-old stock exchange.