Outflows are good business only if you are fully backed.... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		pifm_guy on Dec 17, 2022 \| parent \| context \| favorite \| on: Binance outflows hit $6B as Mazars halts ‘proof of... Outflows are good business only if you are fully backed....

jacquesm on Dec 17, 2022 [–]

Precisely. If they end up dry then that's end of story for them and Mazars as their auditors may well end up in the spotlight and/or the crosshairs of those that wish to seek redress.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact