May 11, 2025

SEC Charges FTX Audit Firm With Negligence And Independence Violations

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The US Securities and Exchange Commission (SEC) has settled with audit firm Prager Metis, which has agreed to pay $1.95 million to resolve misconduct allegations related to its audits of the now-defunct cryptocurrency exchange FTX. $745,000 Over FTX Audit Failures On Tuesday, the SEC announced that Prager Metis and its California affiliate, Prager Metis CPAs,

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Source: Bitcoinist

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