What is going on with CEXes posting 'Proof Of 'Reserves' ? - with Jason Meyers
Description
This week on MK Crypto Diaries, Dr Scerri Herrera will be joined by Jason Meyers - Lead architect and the inventor of the Decentralized Continuous Audit & Reporting Protocol Ecosystem.
Jason has broad based investment banking and venture capital experience. Having served for 30 years on the sell side, buy side and the issuer side, Jason brings a significant amount of real-world use case and business experience to the Blockchain space
After the collapse of FTX we saw a knee jerk reaction from many exchanges. They posted their proof of reserves. But can the wallet snapshots that were circulated count as 'proof of reserves'? What accounting and auditing measures are utilized in these proof of reserves?
Dr Justine Scerri Herrera and Jason Meyers will discuss this in this week's episode.
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