Prager Metis, the firm that audited FTX accounts in 2021, was charged by the SEC with multiple auditor independence violations.

Tether published its quarterly reserve report. The company has built up reserves but added little to the overall transparency.

Following Ripple’s partial victory against the SEC crypto firms are no longer running scared… so the regulator is now trying to put the willies up any accountancy firm willing to work with the crypto industry.

The two companies have announced a strategic alliance to help mutual clients to ‘address digital asset ecosystem compliance challenges’ with an initial focus on law enforcement agencies, regulators and financial institutions.