Home Metaverse Meet the Metaverse nightclub-loving audit firm that presided over FTX’s finances

Meet the Metaverse nightclub-loving audit firm that presided over FTX’s finances

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Meet the Metaverse nightclub-loving audit firm that presided over FTX’s finances

Source: news.google.com

Crypto exchange FTX filed for Chapter 11 bankruptcy protection on Friday with an eleven-figure hole on its books. As observers commented on then-CEO Sam Bankman-Fried’s rapidly deteriorating business empire, a natural question arose: Who was FTX’s auditor?

FTX Trading LLC, the exchange’s international arm, worked with auditing firm Prager Metis, according to financial statements seen by CoinDesk on Friday. The midsize company lists 24 operating locations on its website, including the “metaverse.”

A now-deleted post on the company’s website, published in June 2022, said that Prager Metis was “proud to support FTX US.” (The page was still viewable in Google’s search cache.)

Prager Metis now-deleted post retrieved from Google search cache at time of publication.  (pragermetis.com)

Prager Metis now-deleted post retrieved from Google search cache at time of publication. (pragermetis.com)

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