Treasury Watchdog Audits DOGE Access, Faces Imminent Disbandment
The US Treasury’s inspector general has initiated an audit into Dogecoin’s (DOGE) access to the federal payment system, as reported by the Associated Press. This audit, focusing on the past two years of transactions, raises significant questions about the scope and methodology involved. The timing of the audit, especially considering recent events and the seemingly limited timeframe of the actual issue, has sparked considerable debate.
The apparent incongruity between auditing security controls and reviewing two years’ worth of transactions suggests a potential mismatch in the audit’s objectives. Auditing security controls would typically focus on vulnerabilities and preventative measures, while reviewing transactions would investigate potential financial irregularities or unauthorized access.… Continue reading
Matt Underwood