Auditing Firm Confirms Binance Proof-Of-Reserves, But It Wasn’t Technically An Audit

Auditing firm Mazars has released a report on Binance’s BTC reserves, reaching the same conclusions as the world’s largest crypto exchange in November. “Binance has requested that we perform an AUP [Agreed-Upon Procedures] engagement on the customers’ cryptocurrency holdings and corresponding liability of funds owed to the customers of Binance as at 23:59:59 Universal Time … Continue reading Auditing Firm Confirms Binance Proof-Of-Reserves, But It Wasn’t Technically An Audit