Binance outflows hit $6B as Mazars halts ‘proof of reserves’ work

Re:Binance outflows hit $6B as Mazars halts ‘proof of reserv... by happyopossum on Saturday December 17, 2022 @12:26PM (#34029920)

> The lure of those balances is invariably too great to resist.

I think the folks at JP, etrade, and all of the other regulated exchanges would object to that characterization.

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Re:Binance outflows hit $6B as Mazars halts ‘proof of reserv... by jacquesm on Saturday December 17, 2022 @12:31PM (#34029984)

Regulated exchanges are obviously a different branch entirely, but the rest of them have serious problems keeping their hands off the customer funds.

Time and again we find that they've been dipping in and using money that wasn't theirs in ways that would never fly in a regulated environment.

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Re:Binance outflows hit $6B as Mazars halts ‘proof of reserv... by ceejayoz on Saturday December 17, 2022 @03:42PM (#34032029)

Guess how most of those regulations came into existence?

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