Let’s be clear. A PoR wouldn’t have “stopped” FTX, Quadriga, or Mt Gox. All three had been bancrupt for lengthy durations of time, as a consequence of both fraud or hacks. However in a world the place PoR is normalized, their refusal or incapacity to carry out a PoR would have caught out like a sore thumb, and alerted customers that one thing was probably awry. So PoR, on the trade scale, works through negativa – it’s most telling if you happen to don’t do it.
