Why would you assume they have a blanket policy? It’s much more likely that the big4, who have been doing the same thing for 100+ years, just applies their nor

Why would you assume they have a blanket policy? It’s much more likely that the big4, who have been doing the same thing for 100+ years, just applies their normal system when evaluating new clients- what is their ability to perform the work, what is their risk to the firm. The fact is that they haven’t been audited. Financial regulation is set up so you don’t have to speculate or assume why this doesn’t occur. If it doesn’t occur, that’s bad from a risk mitigation standpoint. Since crypto firms are logical entities that know the benefits of auditing and they have lots of funding and can afford it, it seems more likely that they don’t audit because they have bad books. The threat to accounting firms by regulators is that if they audit incorrectly and attest to incorrect things then they will be shut down.