Jesse Powell

@jespow ↗

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Last Checked Feb. 16, 2023

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Fri Nov 25 21:20:18 +0000 2022

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Jesse Powell @jespow

@FatManTerra @gods_protege1 @cz_binance @binance I could be missing something. Maybe @nic__carter can chime in. As far as I can tell from a quick look at a few of these, I don't see how they have accounted for the negative balance in the merkle tree problem. Have the self-attested provided a transparent list of all balances? — PolitiTweet.org

Posted Nov. 25, 2022

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Jesse Powell @jespow

@FatManTerra @hellspawncrypto @cz_binance It's a 0 or 1 thing though. You don't get 5% credit for baking a cake because you threw some flour in a bowl. Without the complete process, it's 100% worthless. To give any credit for this is a mistake. Question why they'd be seeking credit for it though. https://t.co/aAKmopNTzq — PolitiTweet.org

@FatManTerra @jespow @hellspawncrypto @cz_binance There is no step one, it’s useless without auditor, there is no half-way

Posted Nov. 25, 2022

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Jesse Powell @jespow

@AriDavidPaul Yeah, borrowing to fill the hole during an audit is one of the shortcomings but it could be spotted on chain. Harder to conceal with frequent audits. Also, maybe you can pull it off for a small shortfall but at $1b+ it gets harder to find a lender willing to take the risk on you. — PolitiTweet.org

Posted Nov. 25, 2022