CZ and Binance - The Alleged Audit Failed

The head of the company says it's bad news when exchanges move large amounts of crypto to prove their wallets address. But then CZ itself moved 127,000 Bitcoins. Nish here has a nice summary at the end, which is why I included the story. The alleged auditor said that the agreed upon procedures were requested by Binance, not by Mazars. So in other words, you're controlling this alleged audit, which makes it no audit at all.