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Re: price_and_volume post# 26034

Monday, 11/21/2022 9:31:50 PM

Monday, November 21, 2022 9:31:50 PM

Post# of 26491
"The SEC on Wednesday rejected Grayscale's application for a spot bitcoin ETF, citing a failure by the investment manager to answer questions about concerns around market manipulation.

Following the implosion of FTX and its subsequent bankruptcy proceedings exposing that customer funds were missing, multiple crypto exchanges have jumped to release proof-of-reserve audits in order to assuage investor concerns over the safety of their funds. Others, like Binance, say they soon plan to do so."

Sounds like an excuse rather than reason because of missing funds/Bitcoin. It is almost guaranteed that clients funds will be missing.

IG



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