SEC Charges UK Audit Firm, CEO, and Senior Auditor for Failures in Connection with De-SPAC Transaction

The Securities and Exchange Commission today charged Crowe U.K. LLP, a London based audit firm, its CEO, Nigel Bostock, and senior auditor, Matthew Stallabrass, for the firm’s deficient audit of music streaming company Akazoo Limited. Crowe U.K., Bostock, and Stallabrass have agreed to settle the SEC’s charges. According to the SEC’s order, Crowe U.K. issued […]

Justice Department Revamps Crypto Enforcement Team – WSJ

The Justice Department is revamping a team it launched nearly two years ago to investigate cryptocurrency-related crimes, saying the move will more than double the number of prosecutors available to work on the team’s growing caseload. In a speech Thursday, senior Justice Department official Nicole Argentieri said the National Cryptocurrency Enforcement Team, or NCET, would […]