Post by: newshunter on December 18, 2022, 01:00:34 PM
The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX.
Source: No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios (https://cointelegraph.com/news/no-more-proof-of-reserve-checks-auditors-quietly-drop-crypto-projects-from-portfolios)
Would appreciate your opinion about this
Post by: Citysatoshi on December 18, 2022, 04:06:14 PM
Post by: Heitor_55 on December 20, 2022, 02:13:54 PM
The proposed proof of reserves check is meant to guarantee investors confidence but the manner at some CEX exchanges are going about it may not stand the text of time, some authors who did contracted by certain CEX exchanges for the proof of reserves checks could not carry out the exercises, unfortunately, no concrete reason we’re giving. I think that the crypto exchanges may get these audit organized in near because it is like there may not be trust on the exercise on the current conditions of the FTX saga. I think there may be some sentiment being playing out, in my opinion.yes i do agree with the statement.
Post by: Dori Log on December 20, 2022, 09:24:02 PM