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Prager Metis for international, Armanino for US: https://www.coindesk.com/business/2022/11/11/meet-the-metaverse-night-clubloving-audit-firm-that-presided-over-
by jefftk 4y ago
Prager Metis for international, Armanino for US: 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...
- JumpCrisscross 4y agoPrager Metis and Armanino worked with FTX, but I can’t find anything showing they completed an audit. (Far from blameless. Both seem riddled with issues [1].) [1] https://www.ibtimes.com/crypto-auditors-under-fire-ftx-meltdown-highlights-fundamental-need-exchanges-change-audit-3644551 https://www.ibtimes.com/crypto-auditors-under-fire-ftx-meltd...
- mtmail 4y agoOP quoted "have completed requirements to pass" so that might be the start of the audit, not passing.
- jefftk 4y ago"CoinDesk obtained the audited financial statements of West Realm Shires, also known as FTX US, and FTX Trading Ltd., the combined offshore Bahamas-based entity that includes an exchange catering to non-U.S. customers and Alameda, the proprietary trading operation. It’s not clear why FTX commissioned two different audit firms to audit its 2020 and 2021 financial statements. The reports by Armanino LLP, which signed the report for the U.S. operation, and by Prager Metis LLP, which signed the opinion for the offshore operations, were issued at the end of March 2022." https://www.coindesk.com/layer2/2022/11/18/a-complete-failure-of-corporate-controls-what-investors-and-accountants-missed-in-ftxs-audits/ https://www.coindesk.com/layer2/2022/11/18/a-complete-failur...
- koreanguy 4y ago
- dragonwriter 4y ago> Prager Metis and Armanino worked with FTX, but I can’t find anything showing they completed an audit. The FTX et al. bankruptcy filing (by the post-SBF CEO) refers to the existence of audited financials for the WRS silo (which includes FTX.US) by Armanino and Dotcom silo (which includes FTX proper) by Prager Metis, with the other silos not having audited financials. This seems to be a fairly strong indication that the audits were completed.
- deleted 4y ago[deleted]