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A comment on FTX’s financial black hole leaves Binance balking at rescue plan. Parent comment

Re:FTX’s financial black hole leaves Binance balking at resc... by mumbisChungo on Wednesday November 09, 2022 @01:50PM (#33536160)
https://tether.to/en/transparency/#reports
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Re:FTX’s financial black hole leaves Binance balking at resc... by cycrutchfield on Wednesday November 09, 2022 @01:53PM (#33536194)
Not an audit
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Re:FTX’s financial black hole leaves Binance balking at resc... by mumbisChungo on Wednesday November 09, 2022 @02:00PM (#33536290)
One of the first links on that page is a document titled "INDEPENDENT AUDITORS' REPORT ON THE CONSOLIDATED RESERVES REPORT"

https://assets.ctfassets.net/vyse88cgwfbl/2xJyKdUKicdRUWpC9b...

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Re:FTX’s financial black hole leaves Binance balking at resc... by swarnie on Wednesday November 09, 2022 @02:20PM (#33536523)
Who are bdo.it ?

Not one of the first four auditing companies i'd call or trust.

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Re:FTX’s financial black hole leaves Binance balking at resc... by NovemberWhiskey on Wednesday November 09, 2022 @02:24PM (#33536593)
BDO is literally the number five accounting firm globally; so, yeah, not the top four, but ...
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Re:FTX’s financial black hole leaves Binance balking at resc... by mikeyouse on Wednesday November 09, 2022 @02:28PM (#33536646)
BDO is a legit company, though not a "Big-4", I think most would consider them top-10 for audit without any qualms. It's much more reputable than some of the firms that Tether had been trotting out in the past.
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Re:FTX’s financial black hole leaves Binance balking at resc... by cycrutchfield on Wednesday November 09, 2022 @08:43PM (#33541060)
A reserves report is not an audit
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