📢 Important news from the world of cryptocurrency and blockchain! 🚀

- Audit firm Prager Metis has agreed to pay $1.95 million to settle SEC claims over its fraudulent reporting for bankrupt crypto exchange FTX.

- The SEC alleges that Prager Metis failed to follow generally accepted auditing standards, resulting in inadequate protection for FTX investors.

- FTX founder Sam Bankman-Fried has appealed the ruling, arguing that he did not intend to defraud investors.

💬 Share your thoughts in the comments! How do you think this will affect the future of the crypto market?