SBF is basically bullying because there was no ZK technology at that time; otherwise, the issue of 'misappropriation of funds' wouldn't have been mathematically feasible. Do you remember SBF's nonsense 'the asset situation is good' before the FTX explosion? That tragedy not only evaporated tens of billions of dollars but also forced the 'Proof of Reserves' (PoR) to become an industry standard. However, the current PoR solutions are actually quite ineffective—exchanges, in order to prove their innocence, are forced to publicly disclose their cold wallet addresses, which is equivalent to revealing the location of their vaults to hackers and competitors around the world. Dusk provides a truly win-win solution here: the 'solvency blind proof' achieved through zero-knowledge proofs. Under Dusk's architecture, exchanges or custodians can generate a mathematical proof every minute to confirm to the entire network that 'my assets exceed my liabilities' without disclosing specific wallet balances, asset composition, or user lists. This mechanism transforms 'auditing' from relying on human quarterly checks to real-time monitoring reliant on code. It not only closes the backdoor for centralized institutions to secretly misappropriate user funds but also protects the asset privacy that institutions care about the most. This is the only way to convince those Wall Street old foxes to move their custody business on-chain.

#dusk $DUSK