**Just In 🚨**: The U.S. SEC has filed a lawsuit against FTX's former audit firm, Prager Metis, accusing them of compromising audit independence and aiding and abetting clients in violating federal securities laws. The period of Prager Metis' alleged violations spans from December 2017 to October 2020, with no direct mention of the FTX case in the complaint's reasoning. Additionally, U.S. Senators Elizabeth Warren and Ron Wyden have expressed concerns about Prager Metis's objectivity, raising worries that the firm acted more as an advocate for the cryptocurrency industry than ensuring fairness. #SEC #PragerMetis #FTX #CryptoAudit #CryptocurrencyRegulation