[dottrap]

This YouTuber (Sasha Yanshin) did a scrutiny of the errors or omissions made with the different wallet checks in the report. This is the most detailed tear down I've been able to find so far on the Internet.

https://www.youtube.com/watch?v=42VnEndJ9mo

[rippercushions]

This is worth the watch. TL;DR: the non-audit a) doesn't cover Binance's notional holdings of $40B+ in stablecoins at all, b) doesn't match the list of wallets they've previously published, and c) there are shenanigans like billions in BTC teleporting into wallets right before the attestation date and teleporting right out afterwards.

[jmull]

I personally wouldn't transfer a dime into Binance, but demonstrating the ability to perform a transaction of a specific time, place, and amount isn't shenanigans.

[anyfactor]

Even though I would like to casually watch a video on Binance but I am going to pass on that channel.

That channel is defined by red backgrounds, down arrows and fire. I firmly believe that one should be open to every opinion as long as they have a built a good framework aka BS detector. I feel like this video is not going to be a casual watch for me and I am definitely not invested in Binance that much to fact check everything presented on that video.

[jmull]

I watched maybe a third of the video. It was truly awful.

I think the overall conclusion is right -- that the Mazars report does not show Binance is sound -- but, wow, what an awful way to deliver it.

[sumtechguy]

That is an unfortunate side effect of the way YT is running its feed system and ad revenue sharing. A good amount of YT vid thumbnails have turned into clickbait.

[snapcaster]

I tend to agree with you, but i'm also sympathetic to the youtubers trying to maximize their engagement since this style appears to be what does it