Proof of Assets is valid technically speaking but it's worthless without proof of liabilities which cannot be possibly verified In theory each and every Bitmex

Proof of Assets is valid technically speaking but it's worthless without proof of liabilities which cannot be possibly verified In theory each and every Bitmex user should get in a telegram/slack channel and self-declare the amount they have on BitMex and finally you can add up and see if the liabilities match or exceed the assets.