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Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas

Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the BahamasPWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and it also noted that there is “little distinction between what represents potentially client monies […]

Bitcoin would need to hit $93K to flip Silver right now

Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits

Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax BenefitsAuthorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences. 5 Mining Entities in Kazakhstan Get $18 Million in Tax Exemptions Auditors in Kazakhstan […]

Bitcoin would need to hit $93K to flip Silver right now