Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges


Bitcoin.com
2022-12-23 20:30:39

According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter explained to the Wall Street Journal (WSJ) on Dec. 22. SEC