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Interestingly, from https://www.iconomi.net/audit/201804 https://www.iconomi.net/audit/201804 > * Reserves were verified by Deloitte. This number includes fund
by jstanley 9y ago
Interestingly, from https://www.iconomi.net/audit/201804 https://www.iconomi.net/audit/201804
> * Reserves were verified by Deloitte. This number includes funds locked in a Parity multi-sig wallet containing $42,773,123.61 USD in value. ICONOMI is solvent even if the locked funds are not included in the reserves.
They basically are missing $42m because it's stuck in a Parity multi-sig wallet. Parity multi-sig wallets no longer work. They're apparently solvent anyway so it's no big deal, but I'm surprised that information is relegated to a tiny footnote.
- baby 9y agoThat is hilarious. More info on Parity multi-sig wallets available here: https://www.dasp.co/#item-2 https://www.dasp.co/#item-2