Prager Metis has reached a $1.95 million settlement with the SEC over allegations that it was negligent in its audit of FTX. It was alleged that audit reports submitted in 2021-2022 misrepresented FTX’s financial condition and did not comply with GAAS standards. It also alleged that it failed to adequately disclose the risks of the relationship between FTX and Alameda Research. 😬📉#Crypto#Markets