FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

DIGIT — Wed, 21 Jun 2023 06:01:41 +0000

The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”

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Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas

DIGIT — Fri, 17 Feb 2023 08:30:02 +0000

PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and it also noted that there is “little distinction between what represents potentially client monies […]

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auditor – DIGIT INFO

FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas