The story of Prager Metis
Accounting firm; auditor of FTX.com’s group; settled SEC charges in September 2024.
Prager Metis. Accounting firm; auditor of FTX.com’s group; settled SEC charges in September 2024.
17 Sep 2024
Prager Metis settled with the U.S. Securities and Exchange Commission. $2M, negligence in its FTX audits and auditor independence violations, without admitting or denying; $745,000 civil penalty for the FTX action, $1 million and $205,000 disgorgement for the independence action.
Prager Metis, contracts from FTX.
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Pictures, from Wikimedia Commons: U.S. Securities and Exchange Commission, Don Ramey Logan, CC BY 4.0.