The auditor of Binance and Crypto.com's reserves has reportedly stopped work with crypto clients in the wake of FTX's collapse

Dec 16 2022 by Business Insider

 

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Mazars Group, which has conducted proof-of-reserve audits for cryptocurrency exchange Binance and others, is halting all work for crypto clients, Bloomberg reported Friday.  The suspension is taking place because of indications that markets haven't been reassured by "proof-of-reserves" reports.  The crypto industry has rushed to conduct proof-of-reserves audits following the failure of crypto exchange FTX last month. 

French accounting firm Mazars Group — which has conducted...

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