el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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January 24, 2020, 09:43:35 AM Merited by fillippone (1) |
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I am pretty sure there are time to time audits for future stuff and not the past stuff. Just to give an example if 2018 hot wallets are audited, it doesn't need to be audited again frequently, maybe just time to time, yet let say they got more money and now have a new hot wallet as well in 2020, they will have to get that audited, if they use the same hot wallet and change anything with it, they will have to get that audited as well.
All proper exchanges do have to have insurance one way or another because in case of something bad happens, they need that insurance to make sure they don't go bankrupt and even sued over it. I am not entirely sure if they need money to set aside, it says when there is regulated jurisdiction it is like that but on self-insurance you can have money set aside, so it is not a must but what they prefer.
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