11) We were not offered anything in return for the report. It was written without telling exchanges we were even working on it, and we definitely pissed some people off by releasing it!
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I believe this part. But futures trading aside, wash trading on OKex is an endemic problem. OKex executives themselves have alluded to this in comments about adverse incentives inherent in their trading fee model.
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Yeah the spot situation on the top Asian exchanges is much messier than the futures. But:
a) their futures volumes are ~3x their spot volumes. They're mostly futures exchanges anyway, that will dominate.
b) _mostly_ of their spot is real--BTC/USDT much more so than shitcoins