RIALTO.AI Update…
Dear RIALTO.AI community, thank you for taking part in the February AMA Session which this time exceptionally consists out of nine questions and answers. We had to eliminate one question because it was an obvious case of the promotion of an ongoing crowdsale. Otherwise we are always happy to see your engagement in these threads, therefore we invite you to participate by submitting your questions also to the .
Q1: EY: We understand that EY will not be appointed as the auditor of the DAP. What is the role of EY with RIALTO.AI and who will be auditing the DAP and profits generated from the DAP? In the WP, it was mentioned that “Report from the inception point and the first running period of two and a half months will be published in accordance with the compliance guidelines given by a third party. The designated auditor will be announced through press release until 15th September.” Who are the auditors and when will we see the results?
RIALTO.AI: We have engaged EY for a plethora of professional services such as High-Level Financial Accounting Report, Anti Money Laundering Process Set-Up and Documentation, Internal KYC and AML protocols, High-Level Tax due diligence and analysis report. Crypto trading audit was not within the scope of their competences and we have not engaged other auditors. It is still planned that trading logs will be certified by an independent third party. Our main cold storage addresses are publicly recognized and everyone is able to track movements and verify that assets are there.
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