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Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog

Proof-of-reserve reviews aren’t audits, says the Public Company Accounting Oversight Board, and investors shouldn’t count on them.

Updated Mar 9, 2023, 3:08 p.m. Published Mar 8, 2023, 11:25 p.m.
(Krisanapong Detraphiphat/Getty Images)
(Krisanapong Detraphiphat/Getty Images)