Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct
Accounting firm Prager Metis has agreed to settle with Securities and Exchange Commission (SEC) charges of misconduct related to audits of the now-defunct crypto exchange FTX. According to a Sept.…
Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims
Neel Somani, the founder of Ethereum layer-2 blockchain Eclipse has departed his role as CEO amid sexual misconduct allegations. On May 16, Eclipse Labs said on X that “effective immediately,…
Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
Ethereum layer 2 blockchain Eclipse founder and CEO Neel Somani says he is “temporarily reducing” his role as a “public face” for the firm as he faces sexual misconduct allegations.…
Bankruptcy law firm S&C absolved from misconduct, according to new FTX proposal
While FTX’s new amended proposal promised “billions in compensation,” creditors are unhappy with a particular clause related to law firm Sullivan & Cromwell (S&C). FTX’s new amended proposal to repay…
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