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Binance’s proof-of-reserves raises red flags: Report

December 11, 2022 by DIGIT
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Corporate structure, Bitcoin liabilities and internal control quality are among the points of concern.

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Categories Binance, Cryptocurrency Exchange
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  • bitcoinBitcoin(BTC)$108,401.00-0.52%
  • ethereumEthereum(ETH)$2,551.29-1.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.280.32%
  • binancecoinBNB(BNB)$660.85-0.23%
  • solanaSolana(SOL)$150.03-1.70%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2868640.10%
  • dogecoinDogecoin(DOGE)$0.169049-2.07%
  • staked-etherLido Staked Ether(STETH)$2,552.11-0.99%
  • bitcoinBitcoin(BTC)$108,401.00-0.52%
  • ethereumEthereum(ETH)$2,551.29-1.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.280.32%
  • binancecoinBNB(BNB)$660.85-0.23%
  • solanaSolana(SOL)$150.03-1.70%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2868640.10%
  • dogecoinDogecoin(DOGE)$0.169049-2.07%
  • staked-etherLido Staked Ether(STETH)$2,552.11-0.99%
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  • bitcoinBitcoin(BTC)$108,401.00-0.52%
  • ethereumEthereum(ETH)$2,551.29-1.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.280.32%
  • binancecoinBNB(BNB)$660.85-0.23%
  • solanaSolana(SOL)$150.03-1.70%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2868640.10%
  • dogecoinDogecoin(DOGE)$0.169049-2.07%
  • staked-etherLido Staked Ether(STETH)$2,552.11-0.99%
  • bitcoinBitcoin(BTC)$108,401.00-0.52%
  • ethereumEthereum(ETH)$2,551.29-1.02%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.280.32%
  • binancecoinBNB(BNB)$660.85-0.23%
  • solanaSolana(SOL)$150.03-1.70%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2868640.10%
  • dogecoinDogecoin(DOGE)$0.169049-2.07%
  • staked-etherLido Staked Ether(STETH)$2,552.11-0.99%