SEC settlement airs dirty laundry of former FTX auditor Prager Metis
WEB9 hours ago · Prager Metis’s audit “largely excluded Alameda,” according to the SEC. “Ultimately, the FTX-Alameda relationship was at the heart of the misappropriation of billions of dollars of FTX customer assets that led to the collapse of FTX in November 2022.”. For its part, Prager Metis attorney Bruce Braun told the Financial Times that the ...
Prager Metis Settles SEC Charges for Faulty FTX Audits, Violations …
WEBSep 18, 2024 · Previously a relatively obscure firm, Prager Metis had made headlines late 2022 as it was one of the two auditors of failed cryptocurrency exchange FTX founded by Sam Bankman-Fried. He was sentenced 25 years in prison for massive fraud that costs investors billions of dollars.
Audit Firm Prager Metis Settles SEC Charges for Negligence in FTX ...
WEBSep 17, 2024 · The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) and its California professional services firm, Prager Metis CPAs LLP, (collectively, the Prager Entities) agreed to pay $1.95 million to resolve two actions alleging misconduct in its audits of the now-defunct crypto asset trading platform, FTX, and auditor independence violations.
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle ...
WEBSep 17, 2024 · International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX ...
Prager Metis to pay $745K to settle SEC charges over FTX audit …
WEBSep 17, 2024 · Accounting firm Prager Metis has agreed to settle with US Securities and Exchange Commission charges of misconduct related to audits of the now-defunct crypto exchange FTX. According to a Sept. 17...
SEC says FTX auditor did not understand the crypto market
WEBSep 17, 2024 · Prager Metis, an accounting firm that ranks outside the top 50 US firms by revenue, gave a clean bill of health to FTX’s financial results for the two years before it collapsed in November 2022...
FTX Auditor Prager Metis to Pay $2 Million to Settle SEC Probe
WEBPrager Metis has agreed to pay $1.95 million to settle SEC charges brought over botched audits for collapsed crypto trading platform FTX and separate conflict of interest violations.
FTX auditor Prager Metis settles SEC negligence charge
WEBSep 17, 2024 · Prager Metis, a former auditor for now-defunct cryptocurrency trading platform FTX , has agreed to pay $1.95M to resolve charges brought by the U.S. Securities and Exchange Commission, including ...
Audit Firm Prager Metis Settles SEC Charges for Negligence in FTX …
WEBWashington, D.C.–(Newsfile Corp. – September 17, 2024) – The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) and its California professional services ...
FTX's Former Auditor Prager Metis Sued by SEC - CoinDesk
WEBOct 2, 2023 · Bankrupt crypto exchange FTX's former auditing firm Prager Metis has been accused of violating U.S. auditor independence rules by the Securities and Exchange Commission, a Friday court...
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