đ¨ Crypto News Flash! đ¨
FTX's bankruptcy saga continues to unfold as Prager Metis, the auditing firm behind FTX, settles with the SEC for $745,000 over misconduct charges. The SEC found that Prager Metis lacked the necessary competency and understanding to audit the complex crypto exchange, failing to meet basic auditing standards. This case highlights the importance of specialized knowledge in the high-risk blockchain industry.
What do you think? Should auditors be held to higher standards in the crypto world? Share your thoughts in the comments! đŹ
#CryptoNews #Blockchain #FTX #AuditFail
