6 ms·

I would guess that the accounting firm that did the audit will be going the way of Arthur Andersen after the Enron scandal. And how many of their clients also h

I would guess that the accounting firm that did the audit will be going the way of Arthur Andersen after the Enron scandal. And how many of their clients also have "interesting" financials?

pigeons 4y ago
Can't make this stuff up. https://www.coindesk.com/business/2022/11/11/meet-the-metaverse-night-clubloving-audit-firm-that-presided-over-ftxs-financials/ https://www.coindesk.com/business/2022/11/11/meet-the-metave...
- foenix 4y ago
  Wait... is this the same Prager-prefix as the PragerU folks? My goodness this stupidity is a conglomerate industry if so.
  - Cyberdog 4y ago
    What a bizarre conclusion-jump. More than one person in the world is named Prager, you know.
- triggercut 4y ago
  >“I don’t know anything about FTX,” said Jerry Eitel, the partner emeritus and chief metaverse officer at Prager Metis. “I’m retired,” Eitel added, before disconnecting on the phone. (Eitel is a one-time CoinDesk contributor.) The head of Prager Metis’ audit practice could not be reached for comment. Wow Another Simpsons did it first moment (https://frinkiac.com/img/S07E15/318918.jpg https://frinkiac.com/img/S07E15/318918.jpg)
  - bostonsre 4y ago
    Chief metaverse officer sounds like a position in the counsel of ricks.
- zimpenfish 4y ago
  Even weirder: https://www.discogs.com/artist/3845724-Prager-And-Fenton-LLP https://www.discogs.com/artist/3845724-Prager-And-Fenton-LLP (one of the precursor firms to Prager Metis)
unmole 4y ago
> The FTX Group received audit opinions on consolidated financial statements for two of the Silos – the WRS Silo and the Dotcom Silo – for the period ended December 31, 2021. The audit firm for the WRS Silo, Armanino LLP, was a firm with which I am professionally familiar. The audit firm for the Dotcom Silo was Prager Metis, a firm with which I am not familiar and whose website indicates that they are the “first-ever CPA firm to officially open its Metaverse headquarters in the metaverse platform Decentraland. https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf https://pacer-documents.s3.amazonaws.com/33/188450/042020648...
- deleted 4y ago
  [deleted]
- DebtDeflation 4y ago
  >Armanino LLP, Oh look, the same one that "audits" Kraken.
  - deleted 4y ago
    [deleted]
  - kranke155 4y ago
    You're scaring me. I have some money on Kraken. Guess it's time to remove.
    - datavirtue 4y ago
      You have to be smoking some harsh shit to be letting any exchange hang out with your money longer than the minimum amount of time possible. It's only reason is to exchange worthless crypto for cash into your bank account.
- jdhn 4y ago
  >whose website indicates that they are the “first-ever CPA firm to officially open its Metaverse headquarters in the metaverse platform Decentraland. The truth really is stranger than fiction.
oldgradstudent 4y ago
Maybe they can share a prison cell with Friehling & Horowitz.

I would guess that the accounting firm that did the audit will be going the way of Arthur Andersen after the Enron scandal. And how many of their clients also have "interesting" financials?

pigeons 4y ago

Can't make this stuff up. https://www.coindesk.com/business/2022/11/11/meet-the-metaverse-night-clubloving-audit-firm-that-presided-over-ftxs-financials/ https://www.coindesk.com/business/2022/11/11/meet-the-metave...

foenix 4y ago
Wait... is this the same Prager-prefix as the PragerU folks? My goodness this stupidity is a conglomerate industry if so.
- Cyberdog 4y ago
  What a bizarre conclusion-jump. More than one person in the world is named Prager, you know.
triggercut 4y ago
>“I don’t know anything about FTX,” said Jerry Eitel, the partner emeritus and chief metaverse officer at Prager Metis. “I’m retired,” Eitel added, before disconnecting on the phone. (Eitel is a one-time CoinDesk contributor.) The head of Prager Metis’ audit practice could not be reached for comment. Wow Another Simpsons did it first moment (https://frinkiac.com/img/S07E15/318918.jpg https://frinkiac.com/img/S07E15/318918.jpg)
- bostonsre 4y ago
  Chief metaverse officer sounds like a position in the counsel of ricks.
zimpenfish 4y ago
Even weirder: https://www.discogs.com/artist/3845724-Prager-And-Fenton-LLP https://www.discogs.com/artist/3845724-Prager-And-Fenton-LLP (one of the precursor firms to Prager Metis)

unmole 4y ago

> The FTX Group received audit opinions on consolidated financial statements for two of the Silos – the WRS Silo and the Dotcom Silo – for the period ended December 31, 2021. The audit firm for the WRS Silo, Armanino LLP, was a firm with which I am professionally familiar. The audit firm for the Dotcom Silo was Prager Metis, a firm with which I am not familiar and whose website indicates that they are the “first-ever CPA firm to officially open its Metaverse headquarters in the metaverse platform Decentraland. https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf https://pacer-documents.s3.amazonaws.com/33/188450/042020648...

deleted 4y ago
[deleted]
DebtDeflation 4y ago
>Armanino LLP, Oh look, the same one that "audits" Kraken.
- deleted 4y ago
  [deleted]
- kranke155 4y ago
  You're scaring me. I have some money on Kraken. Guess it's time to remove.
  - datavirtue 4y ago
    You have to be smoking some harsh shit to be letting any exchange hang out with your money longer than the minimum amount of time possible. It's only reason is to exchange worthless crypto for cash into your bank account.
jdhn 4y ago
>whose website indicates that they are the “first-ever CPA firm to officially open its Metaverse headquarters in the metaverse platform Decentraland. The truth really is stranger than fiction.

oldgradstudent 4y ago

Maybe they can share a prison cell with Friehling & Horowitz.