other
confidence high
sentiment neutral
materiality 0.10
Grayscale Stellar Lumens Trust replaces auditor Friedman LLP with Marcum LLP after practice combination
Grayscale Stellar Lumens Trust (XLM)
- Friedman LLP audit practice combined with Marcum LLP effective Sept 1, 2022; dismissal and engagement approved Sept 27, 2022.
- Friedman's audit reports for fiscal years 2021 and 2020 contained no adverse opinion; emphasis of matter paragraph on digital asset investments noted.
- No disagreements with Friedman on accounting principles, financial statement disclosure, or audit scope through Sept 27, 2022.
- The Trust has not consulted Marcum on any accounting or auditing matters prior to engagement.