DeFiNeutral
Proof of Reserves: What It Means for Exchange Trust
Source: The Block
The Trust Deficit For most of the crypto industry’s history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been quietly diverted to its affiliated trading firm, leaving a shortfall of roughly […]
CoinMagnetic Team
Crypto investors since 2017. We trade with our own money and test every exchange ourselves.
Updated: July 2026
From our insights:
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