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by ceejayoz 1656 days ago
> I don't know how Celsius operates but if there's a genuine zero-knowledge proof of their operations then that is better than an actual audit.

Someone might be able to demonstrate to you that they have a $20k bank balance.

Audits are where you try to do a reasonable job of making sure they aren't also hiding the fact that they've got $50k in credit card debt lying around.