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Sunday, December 4, 2022

Grayscale might perhaps well even now now not expose its BTC holdings. Grayscale assertion:

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On the present time Grayscale set out this disclaimer: “As a result of protection concerns, we stay now now not manufacture such on-chain pockets recordsdata and affirmation recordsdata publicly readily available through a cryptographic Proof-of-Reserve, or other stepped forward cryptographic accounting design.”

Holy shit focus on red flags. If you do now now not enjoy anything else to conceal why might perhaps well even now now not you expose it? In spite of all the pieces, BTC is a clear and public ledger. Grayscale excuse of “security concerns” is absolute b*lls*ht. Disclosing that you just contain Bitcoin will set confidence in Grayscale investors. No longer alive to to set out proof of reserves is a gigantic red flag.

What does Grayscale want to conceal?

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