Explain like I'm 5

1

Gate.io

It's justified to call it worthless and circumventable because it's factually correct, and not hard to understand why either. An attestation provides no actual proof of funds. You could also try to read the actual attestation report carefully to understand what an attesttation is (you can then compare it with an audit). crypto.com and gate.io just showed one example method to circumvent the same kind of attesttation. Pertinent and accurate example.

#Cryptocurrency Exchange #Cryptocurrencies #Crypto 2729 social mentions

2

Crypto.com

It's justified to call it worthless and circumventable because it's factually correct, and not hard to understand why either. An attestation provides no actual proof of funds. You could also try to read the actual attestation report carefully to understand what an attesttation is (you can then compare it with an audit). crypto.com and gate.io just showed one example method to circumvent the same kind of attesttation. Pertinent and accurate example.

#Cryptocurrency Exchange #Crypto #Cryptocurrencies 13655 social mentions