Accounting firm – DIGIT INFO

Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar

DIGIT — Sat, 13 May 2023 17:19:58 +0000

EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28 million, had left its creditors in a state of uncertainty. In the latest notice […]

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Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator

DIGIT — Tue, 15 Nov 2022 17:30:19 +0000

On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events surrounding FTX, the Bahamas regulator recognized that it had to “move […]

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Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities

DIGIT — Thu, 01 Apr 2021 12:30:06 +0000

The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. Accounting Firm Recognizes Two Ongoing Legal Cases According to the statement, Tether […]

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KPMG unveils blockchain solution to track climate emissions

DIGIT — Thu, 08 Oct 2020 05:04:50 +0000

As organizations come under pressure to ramp up climate change policies, accounting giant KPMG has launched a new blockchain-based solution.

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