2021-07-12
Think about all the bank confirmation frauds put over on Big 4 auditors because they either believe management or can't/won't look past the tip of their nose at fraud staring them in face: Wirecard, Satyam, Parmalat, PFG Best, almost every Chinese fraud...
Financial Times
Circle, which says the value of its USDC stablecoins passed $26B+, has made info on its reserves more opaque in recent months, ahead of going public via SPAC
Siddharth Venkataramakrishnan / Financial Times : Tweets: @jessefelder , @adamsamson , @retheauditors , @retheauditors , @retheauditors , and @retheauditors Tweets: Jesse Felder /...
I think I said a week ago, that the monthly “attestations” which are “agreed-upon procedures” not full audits basically verify bank balances at a point in time and are pretty much worthless. https://cointelegraph.com/...
Financial Times
Circle, which says the value of its USDC stablecoins passed $26B+, has made info on its reserves more opaque in recent months, ahead of going public via SPAC
Siddharth Venkataramakrishnan / Financial Times : Tweets: @jessefelder , @adamsamson , @retheauditors , @retheauditors , @retheauditors , and @retheauditors Tweets: Jesse Felder /...
How are all of these Circle IPO stores getting written without mentioning that Coinbase is 50% owner of the consortium that sponsors USDC? https://twitter.com/...
Financial Times
Circle, which says the value of its USDC stablecoins passed $26B+, has made info on its reserves more opaque in recent months, ahead of going public via SPAC
Siddharth Venkataramakrishnan / Financial Times : Tweets: @jessefelder , @adamsamson , @retheauditors , @retheauditors , @retheauditors , and @retheauditors Tweets: Jesse Felder /...
The @FT piece has a throwaway line but no percentage and then drops this bombshell: “The publication of attestations has also become slower since December...Now they take more than a month to produce, with the attestation for April released in early June.” https://www.ft.com/...
Financial Times
Circle, which says the value of its USDC stablecoins passed $26B+, has made info on its reserves more opaque in recent months, ahead of going public via SPAC
Siddharth Venkataramakrishnan / Financial Times : Tweets: @jessefelder , @adamsamson , @retheauditors , @retheauditors , @retheauditors , and @retheauditors Tweets: Jesse Felder /...