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Tag: FTX

SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

September 17, 2024 wp-bot Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related

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Prager Metis to pay $745K to settle SEC charges over FTX audit misconduct

September 17, 2024 wp-bot Cointelegraph

The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards. 

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Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence

September 14, 2024 wp-bot Bitcoin News

Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed

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FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors

September 14, 2024 wp-bot Bitcoin News

Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim

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Sam Bankman-Fried files appeal for felony conviction

September 13, 2024 wp-bot Cointelegraph

Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced

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Judge questions if ex-FTX exec perjured himself in guilty plea

September 12, 2024 wp-bot Cointelegraph

At a Sept. 12 hearing, Judge Lewis Kaplan moved up Ryan Salame’s reporting date by two days and considered vacating his guilty plea.

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