Are big cryptocurrency exchanges averse to audits?
In the realm of cryptocurrency and finance, one of the most intriguing aspects has always been the transparency and accountability of the major exchanges. Given the decentralized nature of cryptocurrencies, it begs the question: are big cryptocurrency exchanges truly averse to audits? The lack of a central authority overseeing these exchanges has led to concerns about potential mismanagement or fraudulent practices. After all, the volume of trades and assets under their custody are staggering. So, is it a matter of reluctance, or are there other factors at play? Are the exchanges truly resistant to audits, or is there a more nuanced understanding that needs to be considered? Let's delve deeper into this intriguing question.