Who was FTX's auditor?

As observers remarked on the rapid deterioration of then-CEO Sam Bankman-Fried’s trading empire, a natural question emerged: Who was FTX’s auditor? FTX Trading LLC, the exchange’s international arm, worked with auditing firm Prager Metis, according to financial statements seen Friday by CoinDesk.

Is FTX US a crypto-audit firm?

Armanino, the auditor of FTX US, said it had “invested significant time and intellectual capital as an active participant in multiple accounting industry groups” to help develop standards. Other audit firms are just pleased not have become embroiled in crypto.

Are FTX auditors 'willfully blind' to 'racketeering'?

A lawsuit against FTX’s auditors highlights potential legal risks the audit firms face for vetting the failed cryptocurrency exchange’s books. Prager Metis CPAs LLC and Armanino LLP were “willfully blind” to a pattern of “racketeering” at FTX, a customer who allegedly lost $20,000 said in a Nov. 23 lawsuit in San Francisco federal court.

Who audited FTX's 2021 financial results?

FTX claimed that its 2021 financial results had been audited by Armanino, one of the 20 largest accounting firms in the country by revenue, and Prager Metis, which styles itself the first accounting practice to open a headquarters in the metaverse.