HTX misstated USDS and USDD holdings in September proof of reserves
- —HTX claimed 360,949.90 USDS at address 0xdaa4 at block 25876316, but the address held 0 USDS
- —The first USDS deposit to that address occurred on September 2 at block 25889452, after the September 1 report
- —USDD was listed as 44,975,772 versus 44,886,000 actually held at that address
- —Protos previously found a similar error in HTX's May PoR, where STEAK-USDC was confused with sUSDS
Why it matters: Discrepancies in proof-of-reserves reporting undermine confidence in the exchange's solvency and asset-liability matching.
Source: Protos