CEXes & Proof of Reserves

MK Crypto Diaries: Proof of Reserves

This week, Dr Justine Scerri Herrera is joined by Jason Meyers for this episode on CEXs & Proof of Reserves (POSs).
Mr Meyers is Lead Architect and inventor of the Decentralized Continuous Audit & Reporting Protocol Ecosystem.
He has broad-based investment banking and venture capital experience. Having served for 30 years on the sell-buy-issuer side, Mr Meyers brings a significant amount of real-world use case and business experience to the Blockchain space.
After the collapse of FTX we saw a knee jerk reaction from many exchanges. In fact, some exchanges posted their proof of reserves (POSs). But can the wallet snapshots that were circulated count as POSs? What accounting and auditing measures are used in these POSs? Dr Scerri Herrera and Mr Meyers discuss this in this week’s episode.

More about MK Fintech Partners Ltd.

Michael Kyprianou Fintech Partners Ltd is a Maltese licensed VFA Agent (virtual financial assets agent). It comprises a team of dedicated experts who provide services such as advisory, licensing and registrations of activities related to Fintech, Crypto, Blockchain, Investment, company incorporations and banking. and other ancillary services. MK Fintech Partners forms part of the Michael Kyprianou Group, a top tier international legal and advisory firm. It has established an enviable reputation as a broad-based legal practice over the years. Mainly by keeping at heart its principle to always exceed its clients’ expectations. MK has grown to become one of the largest law firms in Cyprus with offices in Nicosia, Limassol and Paphos. The MK Group’s international presence also includes fully-fledged offices in Greece (Athens and Thessaloniki), Malta (Birkirkara), Ukraine (Kiev), the United Arab Emirates (Dubai), United Kingdom (London), Israel (Tel Aviv), and Germany (Frankfurt).

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