**SEC initiates legal action against FTX's auditor**

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-09/4314aa5d-b9a1-464d-ba01-0cb564b574ad.jpg

The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence.

https://cointelegraph.com/news/sec-lawsuit-prager-metis-audit-ftx