US accounting watchdog warns investors against proof of reserve reports
The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserve reports to ease concerns after the collapse of FTX. p>
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![US accounting watchdog warns investors against proof of reserve reports](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvMTYzYzk1MTYtMDg4Ni00YWE2LTlmYWMtZjVlOWMyNzYyYjA1LmpwZw==.jpg?#)
The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserve reports to ease concerns after the collapse of FTX. p>
News
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