SEC chief accountant has warned that accounting firms risk legal liabilities with their non-audit works for crypto firms.
Oluwapelumi Adejumo 2 min read 
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The two bankrupt firms note that the agreement was still subject to a court approval.
Grayscale challenges SEC's consistency in approving Bitcoin ETPs and demands equal consideration for all issuers.
Binance asserted that the CFTC lacks jurisdiction over spot trading activities even in the U.S.
Accounting firms may be held accountable for any client's misleading statements regarding audits and transparency.
The terms of Bankman-Fried's extradition to the United States proved problematic in prosecuting Bankman-Fried for alleged campaign finance violations.
The SEC chair stressed to investors that the crypto space does not offer the kinds of protections American markets have come to expect.
