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World Business Report: First broadcast 16/12/2022 22:32 GMT : Auditor withdraws from working with crypto company as customers scramble to pull funds

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Auditor withdraws from working with crypto company as customers scramble to pull funds

First broadcast 16/12/2022 22:32 GMT 

First broadcast 16/12/2022 22:32 GMT : Auditor withdraws from working with crypto company as customers scramble to pull funds

BBC World Service - World Business Report, Auditor withdraws from working with crypto company as customers scramble to pull funds

Crypto auditors Mazars has halted work with Binance in the wake of FTX collapse

World’s largest cryptocurrency exchange, Binance has revealed that the auditor Mazars has stopped working with it following $6bn withdrawals this week.

Earlier in the week, Binance experienced over $1bn worth of redemptions as fears mounted over the future of the crypto market.

As the month-long FIFA World Cup tournament draws to a close, we evaluate how the competition not only proved to be a tourism boom for host Qatar but also for neighbour – the UAE and in particular – Dubai.


(Binance is the world’s largest cryptocurrency exchange. Credit: Reuters)

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First broadcast 16/12/2022 22:32 GMT : Auditor withdraws from working with crypto company as customers scramble to pull funds

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