Binance’s proof of reserves raises red flags: Report

by Aurelia Butler 12 December 2022, 19:20 129 Views

As noted by a former Financial Accounting Standards Board (FASB) member and investment manager, the report released by the audit firm Mazars give not bring investors confidence about the exchange’s finances, as it lacks information related to the quality of internal controls and how Binance’s systems liquidate assets to cover margin loans.

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Source: Cryptocurrency - investing.com

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Binance’s proof of reserves raises red flags: Report

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