Crypto.com is one of the leading crypto exchange have released its proof of reserve data. After the FTX fallout transparency issue had been raised and created doubts amongst investors. The industry leader in regulatory compliance, security and privacy certifications, Crypto.com, which is trusted by over 70 million consumers worldwide, has just released its audited Proof of Reserves, allowing users to confirm that their crypto assets are fully backed (1:1) on its platform.
Mazars Group, a well-known global audit, tax, and consultancy firm with more than 44,000 experts working in more than 90 countries, carried out the proof of reserve verification. Advanced cryptographic techniques were employed in this independent third-party audited report, prepared in accordance with ISRS 4400 as outlined by the International Auditing and Assurance Standards Board (IAASB), to confirm the availability and backup of our customers’ balances.