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US accounting watchdog warns investors about proof-of-reserves reports

The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserves reports to ease concerns after the FTX collapse.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US accounting watchdog warns investors about proof-of-reserves reports

The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserves reports to ease concerns after the FTX collapse.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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