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Okay Proof of Reserves, But for Real This Time?

The Breakdown

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The Fallout From FTX's Discrediting

FTX was widely considered one of the most trusted and credible institutions in the industry. Its enigmatic CEO, Sam Bankman Fried, known as SPF, practically lived in Washington. His agenda was fundamentally hostile to decentralized finance. Some crypto natives are redoubling their efforts on DeFi and DEXs,. And Bitcoin Maxis are bleeding about how all centralized institutions are frauds.

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