Binance exec suggests an audit of the world's largest crypto exchange is still a ways off amid calls for greater transparency after FTX disaster

Feb 8 2023 by Business Insider

 
Binance

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FTX's crash prompted calls for a full audit of rival Binance's assets and liabilities.  Binance's audit is still a ways off as accounting firms try to learn the crypto sector, a company exec told Bloomberg.  "Added transparency around assets in custody is now a market demand," a Binance spokesperson told Insider.

Binance may be a ways off from a full financial audit amid calls for transparency after the fallout of rival crypto exchange FTX, according to the...

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