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Expert Analysis

Heed PCAOB's Warning On Proof-Of-Reserves Reports

By Patrick Bryan and Deborah Meshulam (April 17, 2023, 5:56 PM EDT) -- A March 8 investor advisory warning from the Public Company Accounting Oversight Board's Office of the Investor Advocate cautions investors to "exercise extreme caution" when relying on proof-of-reserves reports, which are frequently prepared by third-party firms on behalf of various crypto companies.[1]...

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