4min chapter

Crypto Critics' Corner cover image

Auditors, Binance, and Global Regulation

Crypto Critics' Corner

CHAPTER

Binance - What Are You Really Achieving?

Binance has been in the news recently for a number of reasons. One is that they are no longer audited annually and subject to review by the SEC. They also seem to be behaving strangely, like CZ going watch out for exchanges making big transfers before proof of reserves. And then two days later he's like oh no all these big transfers we're doing are because we're trying to do our proof of reserve. It's kind of inexplicable. The things he's been doing and the way they've been behaving. But now that circle canceled their spec circles, probably not actually going to keep doing audits. I would say really backfired for them almost.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode