SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

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SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

   Alameda Research audit audit standards Compliance crypto Cryptocurrency Eric Bustillo Financial Markets FTX Gurbir Grewal investor protection negligence penalties Prager Metis Regulation SEC    September 18, 2024  |  0

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 […]  Read more »
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