The Big Short’s Michael Burry says audits of crypto-currency exchanges like Binance and FTX are meaningless
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Hedge fund manager Michael Burry, famous for predicting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new type of credit default swap. “Our auditors were learning on the job“he described, adding that it was “not a matter ofnot a […]