Who are Armanino and Prager Metis? Auditors of FTX, the 3rd largest crypto exchange that went bankrupt.

Back story: FTX goes bankrupt

FTX, at one point was the third largest crypto exchange in the world and was valued at $32 billion, fell into ruin early November this year.

Its Founder and CEO Sam Bankman-Fried mishandled FTX’s users’ hard-earned money (almost $10 billion) by lending it to Alameda Research, a quantitative trading firm.

The trading firm lost the funds in risky bets, which set the stage for the liquidity crunch that was about to occur.