SEC Fines Prager Metis $1.95M for Sloppy FTX Audits

The US Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate in connection with serious allegations related to audits of crypto exchange FTX. The case highlights critical oversights and breaches of key industry standards, raising questions about the company’s practices and the risks it missed. “Prager (…)