Both coinsbit and its sister exchange p2pb2b (both owned by Ukrainian scammer Valerii Solodovnyk) cam back on to the scene at t end of 2018 after hibernating.

The IEO craze was their driving factor. They are inflating figures so they can do 2 main things. One is to charge projects $100,000 to list their tokens and the other is to collude with projects running IEOs (or run their own fake IEOs) to pump them an get financial benefit for themselves.

The notion that p2pb2b is bigger than Binance is preposterous. Checking their order books show they are scammers sending fake volume sto CMC to impress gullible investors and newbies.

Why does CMC allow me to publish false data?

What next with IEO?

What impact will such exchanges have on legitimate projects?

Original topic: https://bitcointalk.org/index.php?topic=5192497.0