According to Wei (@thedaoofwei), proof of reserves (POR) reports that do not disclose corresponding liabilities are considered worthless for assessing crypto exchange solvency, raising significant concerns for traders relying on these reports for risk management and decision-making. Without full transparency on liabilities, market participants lack the necessary data to evaluate platform health, increasing counterparty risk and impacting trading confidence in centralized exchanges. Traders are urged to favor platforms that provide both reserves and liabilities disclosures to ensure accurate risk assessment and capital protection (source: @thedaoofwei, May 27, 2025).