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Sure, but as a public company they're legally responsible for the audit they signed off and while the Big 4 refuse to work with private crypto companies, Deloit
by EddieEngineers 3y ago
Sure, but as a public company they're legally responsible for the audit they signed off and while the Big 4 refuse to work with private crypto companies, Deloitte did choose to audit Coinbase. I just don't believe they can get away with this level of shady stuff while a Big 4 audit them and they're under extreme scrutiny for the sector from the SEC.
- gymbeaux 3y agoBefore it was the "Big Four" it was the "Big Five". Look into what happened to that fifth one... (Arthur Andersen re:Enron) It's worth noting that while we got the Sarbanes-Oxley Act out of it, it was more or less replaced by Dodd-Frank Act, which was partially repealed by Trump in 2018.