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Bahamas officials seized $3.5bn in digital assets from FTX’s local operation in mid November
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fnlondon.comBahamas securities regulators said they seized digital assets valued at $3.5bn from FTX’s local operation in mid-November as the cryptocurrency exchange spiralled toward collapse, a figure that FTX’s US managers cast doubt on 30 December.
Christina Rolle, executive director of the Securities Commission of the Bahamas, said in an affidavit made public on 29 December that the commission sought control of the crypto assets held by FTX Digital Markets last month after FTX co-founder Sam Bankman-Fried told local authorities under...
Read more on fnlondon.comAbout this in other media
Sand Dollar Digital Currency Struggle for Relevance After FTX Disaster cryptonews.com /1 year ago
FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets cointelegraph.com /1 year ago
Crypto regulation world: How laws for digital assets changed in 2022 cointelegraph.com /1 year ago
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