# Wash Trading
The trading of an [assets](assets.md) in which the same party both buys and sells the product in order to fake transaction or [market manipulate](market-manipulation.md) the price of the asset.

See [market manipulation](market-manipulation.md) and [price formation](price-formation.md).

## References
* Cong, Lin William, Xi Li, Ke Tang, and Yang Yang. 2020. ‘Crypto Wash Trading’. Available at SSRN 3530220.
* Vigna, P. 2019. ‘Most Bitcoin Trading Faked by Unregulated Exchanges, Study Finds’. Wall Street Journal.
* Feinstein, Brian D., and Kevin Werbach. 2020. ‘The Impact of Cryptocurrency Regulation on Trading Markets’. SSRN Electronic Journal 7 (1): 48–99. https://doi.org/10.2139/ssrn.3649475.
* Rae, Shaela W, and Lorraine Mastersmith. 2019. ‘Crypto Asset Trading in Canada: Entering a New Era of Regulation’. Banking & Finance Law Review 35 (1): 153–85.