Prager Metis CPAs has agreed to pay $1.95 million to settle two U.S. Securities and Exchange Commission (SEC) actions alleging misconduct in its audits of FTX and violations of auditor independence rules, according to a Sept. 17 statement. The settlement addresses negligence-based fraud charges related to FTX audits and separate charges for violating auditor independence […]
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FTX auditor fined $2 million by SEC to settle negligence allegations