Re:Binance's books are a black box, filings show, as it trie...
by bart_spoon on Monday December 19, 2022 @05:09PM
(#34058446)
Not in a way that would have been impacted by a blockchain ledger. Third party risk auditors were giving financial products risk ratings that were far out of touch with their actual risk levels. But this was due to flawed logic, financial incentives, and corruption, and not because of a lack of transparency. The data of the mortgages comprising these financial products was available to those interested in those looking to fact check, but no one was.
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Re:Binance's books are a black box, filings show, as it trie...
by WeylandYutani on Tuesday December 20, 2022 @11:18AM
(#34068005)
Except those guys who shorted it. There was even a movie made about it.