FTX, Prager Metis
Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct
Accounting firm Prager Metis has agreed to settle with Securities and Exchange Commission (SEC) charges of misconduct related to audits of the now-defunct crypto exchange FTX. According to a Sept. 17 announcement,
Prager Metis to Resolve SEC Fraud Charges Over Bankman-Fried’s FTX Audits
The advisory and accounting firm agreed to pay $745,000 to the SEC to resolve negligence-based fraud charges over its past audits of Sam Bankman-Fried’s trading platform FTX.
SEC Settles with Prager Metis for $1.95 Million Over FTX Audits
SEC Settled with Prager Metis for negligence and audit violations related to FTX, highlighting the importance of competent auditing
FTX auditor settles US SEC negligence case, pays fine
A former auditor for FTX will pay $1.95 million to settle two U.S. Securities and Exchange Commission cases, including for alleged negligence in auditing the cryptocurrency exchange Sam Bankman-Fried led before being convicted of fraud.
FTX auditor Prager Metis settles SEC negligence charge
Prager Metis, a former auditor for now-defunct cryptocurrency trading platform FTX (FTT-USD), has agreed to pay $1.95M to resolve charges brought by the U.S. Securities and Exchange Commission, including allegations of negligence in auditing the collapsed exchange,
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
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 before its collapse in November 2022.
The New York Times2d
Book Review
What good is one of the communist thinker’s most important texts to 21st-century readers? By James Miller Her own is among the anonymous tales included in “Want,” a new collection she has ...
New York Sun3d
Jailed Crypto King Sam Bankman-Fried’s Appeal Protests Same Judge Trump in Carroll Case Denounced as ‘Partisan’ and ‘Out of Control’
The disgraced mogul and the convicted 45th president both have turned their ire on a senior judge who used to represent ...
cryptoglobe7d
Sam Bankman-Fried (“SBF”) Fights Back, Accuses Judge of Bias in FTX Fraud Trial
Sam Bankman-Fried is requesting a new trial, claiming the judge in his FTX fraud case showed bias and impeded his defense.
Accounting Today3d
Prager Metis to pay $1.95M for FTX audits, independence violations
The SEC charged the Top 100 Firm nearly a year ago with violating auditor independence rules on more than 200 audits, ...
The Tech Report8d
FTX Sells $23.75 Million Worth of Solana from Staking; Will It Impact Solana SOL’s Price?
Solscan shows the FTX wallet "H4yi…agFZ" has more than 7 million Solana (SOL) staked, worth about $943 million.
CBS News7d
FTX founder Sam Bankman-Fried appeals fraud conviction
Lawyers for Sam Bankman-Fried claim in an appeal filed Friday that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty of stealing ...
ABC News8d
Sam Bankman-Fried appeals fraud conviction tied to FTX collapse
Bankman-Fried was also convicted of conspiracy and money laundering. Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was convicted because of a "false narrative" told by federal ...
The Tech Report5d
Wallet Linked to FTX and Alameda Moves $31.5M in Bitcoin, Sparking Sell-off Concerns
A wallet associated with Alameda Research recently moved around 231.4 Bitcoin, worth approximately $13.5 million in the last ...