FinanceMagnates
Prager Metis, the accounting firm that audited FTX, has agreed to pay $745,000 in civil penalties to settle misconduct allegations brought by the Securities and Exchange Commission (SEC) in connection with its audits of the now-collapsed crypto exchange.Repeated Violations by the AuditorThe auditor further agreed to pay another $1.2 million for a second regulatory investigation into auditor independence rule violations during the audit of over 200 companies between 2017 and 2020…
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FTX Auditor Prager Metis to Pay $1.95 Million for Negligence
Arnab Shome
10:04
Prager Metis, the accounting firm that audited FTX, has agreed to pay $745,000 in civil penalties to settle misconduct allegations brought by the Securities and Exchange Commission (SEC) in connection with its audits of the now-collapsed crypto exchange.Repeated Violations by the AuditorThe auditor further agreed to pay another $1.2 million for a second regulatory investigation
