FTX, Prager Metis
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.
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,
Audit Firm Prager Metis Settles SEC Charges for Negligence in FTX Audits and for Violating Auditor Independence Requirements
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.
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.
Prager Metis settles with the SEC for $2m over misconduct in FTX audits
Accounting and consulting company Prager Metis CPAs and its California-based affiliate are now $1.95 million lighter. The SEC nailed them for two counts of misconduct during their audits of FTX.  The once-prominent crypto trading platform crashed and burned,
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,
FTX Auditor Prager Metis Settles Several Charges with the SEC
The Securities and Exchange Commission (SEC) says it has settled charges with Prager Metis CPAs, LLC (Prager) in regard to its relationship with the failed
Accounting Today3d
Prager Metis to pay $1.95M for FTX audits, independence violations
Prager Metis CPAs agreed to pay $1.95 million to settle charges with the Securities and Exchange Commission over auditor ...
Investment Firm To Pay $80M For Overvaluing CMOs, Accounting Outfit To Pay $2M For Crypto Audit Scam: Financial Crime Weekly
Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million for overvaluing CMOs and giving preferential ...
Compliance Week1d
Prager Metis agrees to pay $2M over failed audits, including FTX
Waves of fallout from the collapse of cryptocurrency trading platform FTX continue to ripple, as accounting firm Prager ...
SEC says FTX auditor did not understand the crypto market
Specifically, Prager Metis failed to properly understand the relationship between Bahamas-based FTX and Bankman-Fried’s ...