Bahamas Regulator Holds $3.5B in FTX User Assets
The Bahamian Securities Commission has been holding user money totaling $3.5 billion, as stated in a recent news release. Read CNL for more.
The Bahamian Securities Commission has been holding user money totaling $3.5 billion, as stated in a recent news release. Read CNL for more.
According to the Bahamas Attorney General, the Royal Bahamas Police force arrested Sam Bankman-Fried, the former FTX CEO on December 12, 2022. Read CNL.
Canadian entrepreneur Kevin O’Leary engaged in a word war with Bitboy Crypto in connection with the former’s investment in FTX.
A Reuters article claims that Sam Bankman-Fried’s exchange FTX, its senior executives, and his parents all bought Bahamas homes totaling $121 million.