Huge Blow For Crypto: Binance, Dropped By Their Auditor

Published by
The Street

By Luc Olinga The consulting firm Mazars Group has decided to cut ties with all the crypto firms whose accounts it often audits. The poison of suspicion is continuing to spread in the crypto sphere. This poison, disseminated by the overnight implosion of Sam Bankman-Fried’s crypto empire on November 11, is infecting most companies in the sector, especially the largest ones. The cryptocurrency exchange, valued at $32 billion in February, filed for Chapter 11 bankruptcy in a matter of days on November 11. This was also the case for its sister company, Alameda Research, a hedge fund which also op…

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