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1) Yesterday, FTX became the first (?) crypto derivatives exchange to complete a GAAP audit!

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US GAAP, IFRS or local GAAP?

SBF

@SBF_FTX

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@svensteiner2

US GAPP

2:35 PM · Jul 31, 2021Twitter Web App

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Congrats, this is a BIG achievement. And with crypto assets, v challenging. We've been on our own journey

@thestorecloud

. Tax compliance in this space is what separates the varsity and JV. GAAP-compliant is straight to the show.

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GAAP is unreliable.

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Can you disclose the audit firm? If not Big4, please do not consider “proper GAAP audit”.

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and

This is not true. There are some other great audit firms.

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Which firm did it?

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Interesting “typo”

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