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Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle

In a letter addressed to PCAOB chair Erica Williams and dated Jan. 25, Democratic Senators Elizabeth Warren and Ron Wyden point out claims former FTX CEO Sam Bankman-Fried made about passing audits by large accounting firms Armanino and Prager Metis. Current FTX CEO John Ray told a bankruptcy court that he had “substantial concerns as to the information presented in these audited financial statements.”

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Source: Cryptocurrency - investing.com

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