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Agreed. Unless a tier 1 accounting firm (Deloitte, PwC, etc) comes in and audits their books, I wouldn't touch them with a 10 foot pole. Bitstamp is large enou
by downandout 12y ago
Agreed. Unless a tier 1 accounting firm (Deloitte, PwC, etc) comes in and audits their books, I wouldn't touch them with a 10 foot pole. Bitstamp is large enough and has been in business long enough that they may indeed have been able to absorb this loss. If that's actually the case though, then they should have no problem proving it. On top of that, the publicly released audit results would be a huge marketing tool for them.
The fact that they didn't do something like this and release it along with this statement makes me rather suspicious. It's not like they don't know that this is the first question on every single customer's mind.
- georgemcbay 12y agoAn outside security audit wouldn't hurt either as they've lost the benefit of the doubt on that point now and their mentioned list of security improvements is all very hand-wavey.