According to a former client of Mazars Group, the accounting firm has stopped working with its clients in the space ofcryptocurrencies. Just after the global accounting firm released a report for several digital asset exchanges, the decision was made to cut ties with them.
According to a statement from the company, Mazars has indicated that they will temporarily pause their work with all of their clients around the world.
We will not be able to work with Mazars for the time being.
Mazars Group did not reply immediately.
The news caused both the BNB token and the native token of the company to fall.
The proof of reserves audited by Mazars showed that customer assets were held on a one-to-one basis. The exchange completed its recent proof of reserves in collaboration with Mazars and the accounting company provided independent verification of its secure on-chain digital assets matching its customer balances, according to a spokesman.
Customers can verify their balance on the website. As they seek to increase transparency across the entire industry, the company will continue to engage withReputable audit firms in the years to come.
The proof of reserve report was delivered by Mazars, according to a Ku coin spokesman.
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