Sadly, "poof of reserves" is probably the next big thing in exchanges. Still.
Discussion
As a proper mid wit am I completely off base in thinking that proof of reserves could be pretty easily faked by short term loans between exchanges or whales?
It seems like you need everyone to do it at the same time. Like a PoR Day
Well the Blockchain is auditable so if the funds were moving about like a shell game the people would see
