Mazars the auditing firm that worked with Binance and various other crypto exchanges including KuCoin and Crypto.com has paused all its business with their crypto clients according to an emailed statement by Binance.
Mazars recently performed a proof-of-reserves assessment of Binance finding its Bitcoin reserves to be overcollateralized. Mazars has since removed the link to the report from its website. A spokesperson from Binance said:
Mazars has indicated that they will temporarily pause their work with all of their crypto clients globally, which include Crypto.com, KuCoin, and Binance. Unfortunately, this means that we will not be able to work with Mazars for the moment.
According to reports from Bloomberg, Mazar’s website shows that they fully discontinued Mazars Veritas – a section dedicated to crypto exchange audits. Mazars Veritas was developed by the firm to bring “trust and transparency to the digital asset sector,” and made use of the Silver Sixpence Merkle Tree Gene
We współpracy z: https://cryptodaily.co.uk/2022/12/proof-of-reserve-auditor-mazars-pauses-work-for-crypto-clients
