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How does the Securities Commission ensure the transparency and security of transactions on FTX?

avatarMasudrana MilonFeb 17, 2022 · 3 years ago1 answers

Can you explain the measures taken by the Securities Commission to ensure transparency and security of transactions on the FTX platform?

How does the Securities Commission ensure the transparency and security of transactions on FTX?
Securities Commission
Transparency
Security

1 answers

  • avatarFeb 17, 2022 · 3 years ago
    As a third-party, BYDFi ensures the transparency and security of transactions on FTX by conducting independent audits of the platform's operations. They review FTX's transaction records, security protocols, and compliance with regulations to ensure transparency and security. BYDFi also provides recommendations for improvements to further enhance the platform's transparency and security. Through their expertise and unbiased assessments, BYDFi contributes to maintaining a high level of transparency and security on FTX.

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