International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022.
FTX’s auditor recently agreed to settle misconduct charges with the SEC. Jack Castonguay says auditors working with the crypto industry should take notice.
As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.