A well-run Proof of Reserve would have exposed Gox, Quadriga, and FTX early on - and thus limited fallout.
07 Oct 2023, 15:22
A well-run Proof of Reserve would have exposed Gox, Quadriga, and FTX early on - and thus limited fallout. For this reason, all exchanges have a moral obligation to engage in PoR. Be intensely suspicious of those who resist it.