Source: Coindesk.com
Frauds don’t happen by accident – they require intent. In the rare instance that a fraud does occur, investors expect that the gatekeepers of fair financial reporting, the auditors, will be there to detect the fraud and protect their investment before it’s too late. But what happens when the gatekeepers don’t comply with the industry’s bare minimum standards of competency and
Read More https://www.coindesk.com/opinion/2024/09/23/ftxs-downfall-couldnt-have-happened-without-sbfs-fraud-or-prager-metis-audit-failure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure" appeared first here Coindesk.com.
Source: Coindesk.com
