Crypto Fraud Could Fall On Auditors' Heads, SEC Warns

[Gunnar Larson]

Crypto Fraud Could Fall On Auditors' Heads, SEC Warns

By Jessica Corso

Accounting firms could find themselves subject to a fraud investigation
conducted by the U.S. Securities and Exchange Commission if they refuse to
denounce statements made by cryptocurrency clients overstating the
rigorousness of partial audits, the agency's lead accountant has warned.

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https://www.law360.com/compliance/articles/1705131?nl_pk=e8718aa1-2adc-4c2d-8e21-50ac9491223a&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2023-07-31&read_main=1&nlsidx=0&nlaidx=13
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