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SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

Started by Bitcoin, Sep 18, 2024, 06:14 am

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Sep 18, 2024, 06:14 am
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

SEC Fines Prager Metis $1.95M Over Negligent FTX AuditsThe U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm's practices and the risks it missed. “Prager's […]

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