liabilities

I am sorry however This isn’t That is both ignorance or intentional merkle tree is simply hand wavey bullshit with out an auditor to ensure you did not embrace accounts with detrimental The assertion of belongings…

In response to Powell, an entire proof-of-reserve audit should embody the sum of consumer liabilities, user-verifiable cryptographic proof that every account was included within the sum and signatures proving the custodian’s management over the Whereas Kraken’s proof-of-reserve does enable…

Bankman-Fried maintains that FTX US had sufficient cash to repay all prospects as of He additionally famous that Alameda held a margin place in FTX To one of the best of my information, as of post-11/7, with…

Following the collapse of the FTX, Binance’s CEO Changpeng Zhao prompt that each one exchanges ought to present Merkle-tree of Binance initiating the motion, it has not included its liabilities in its exchanges with solely proof of reservesBinance…