Re:Sent $35,104.11 USD to CoinBase. Never received Bitcoins
by rayiner on Wednesday December 18, 2013 @10:21PM
(#6932669)
Auditing standards at large banks have a materiality threshold. At a Goldman or Morgan Stanley, that threshold approaches half a billion. But that's at the top layer, on top of many other layers of accounting. At the level of individual customer accounts, even small discrepancies would be caught.
In fact it seems that most Fortune 500 companies, regardless of industry round things to the million. It's pretty easy to lose a few hundred thousand if you are doing that.