http://bitcoinpricelive.com/chinese-bit ... sh-market/
r/BitcoinMarkets describing the heavy manipulation of Bitcoin and Litecoin in China. The story is that OKCoin, Huobi, and BTC China are introducing fake fiat currency and fake Chinese Bitcoins on their exchanges. Since it is unlikely all users will cash-out at once, the Chinese exchanges can increment a user’s fiat balance or Bitcoin balance by whatever amount.