The local Bahamas arm of crypto exchange FTX has filed for bankruptcy protection in New York, following more than a hundred affiliates which applied for their own in Delaware last week. FTX Digital Ma...
Tag: Bahamas
FBI reportedly planning to extradite Sam Bankman-Fried from The Bahamas – crypto.news
The Federal Bureau of Investigation (FBI) intends to extradite former FTX CEO Sam Bankman-Fried (SBF) to the United States for questioning and is in talks with Bahamian authorities about it. FBI talki...
FTX Bahamas Files for Chapter 15 Bankruptcy Protection
The Bahamas subsidiary of the troubled crypto derivative exchange FTX has filed for chapter 15 bankruptcy protection in the Southern Court of New York, Bloomberg reported on Wednesday. FTX Bahamas Fil...
FBI Mulling SBF Extradition As Bahamas Arm Of Exchange Files For Bankruptcy
– Advertisement – The FBI is in talks with Bahamian authorities to extradite the 30-year-old crypto founder. According to a report by Daily Mail, the Federal Bureau of Investigation is pla...
FTX’s Bahamas Entity Files for Chapter 15 Bankruptcy Protection in the US: Report
FTX’s Bahamas unit – FTX Digital Markets Ltd – has filed for Chapter 15 bankruptcy seeking protection from creditors in the United States. Chapter 15 bankruptcy essentially enables a foreign debtor to...
FTX’s Bahamas unit files for Chapter 15 bankruptcy protection
FTX Digital Markets, the Bahamas-based subsidiary of collapsed crypto exchange FTX, filed for Chapter 15 bankruptcy protection on Tuesday in the Southern District Court of New York. The filing c...
FTX Assets Overseen By Bahamas Supreme Court
Editors News The security regulators are working with the Bahamas police to investigate the exchange. Bahamas security commission has acted rapidly to protect the clients. According to the official no...
Bahamas’ supreme court approves ‘provisional liquidators’ for FTX
The Supreme Court of the Bahamas has approved two provisional liquidators to oversee the assets of crypto exchange FTX Digital Markets, which is headquartered in the country. According to a Nov. 14 an...
Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator – Bitcoin News
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional ...
Bahamas supreme court appoints liquidators for FTX assets
Bahamas Securities Commission revealed that the country’s supreme court has approved the appointment of Kevin Cambridge and Peter Greaves of PricewaterhouseCoopers as the provisional liquidators of th...
Bahamas approves provisional liquidators for FTX assets
“Given the magnitude, urgency, and international implications of the unfolding events with regard to FTX, the Commission recognized that it had to, and moved swiftly to use its regulatory powers...
Bahamas Police Are Investigating Potential ‘Criminal Misconduct’ by FTX
The Securities Commission of The Bahamas, where FTX is headquartered, already froze the exchange’s assets last Thursday and called for a liquidator. Now the local police force is involved. On S...
FTX is under investigation for criminal misconduct in the Bahamas
FTX is now under the scanner of Bahamian authorities. The crypto exchange shifted base to the islands last September. Bahamas is among the few countries which have successfully launched a CBDC. Bahami...
FTX Probed by Royal Bahamas Police Force
The Royal Bahamas Police Force and Bahamas Securities Commission have launched a criminal investigation into the now-bankrupt crypto exchange giant FTX. The probe follows previous statements from the ...
Bahamas investigating FTX for potential criminal wrongdoing
The allegations of criminal misconduct and other fraudulent acts involving FTX are currently being investigated by financial investigators working in close coordination with the relevant authorities a...
Bahamas Securities Regulator Says It Didn’t Order FTX to Reopen Local Withdrawals
Crypto exchange FTX was not required to allow Bahamas-based customers to withdraw their funds, a local financial regulator said Saturday. The Securities Commission of the Bahamas (SCB) published a sta...
FTX faces criminal probe in Bahamas after company collapses, loses $1 billion in crypto
The cryptocurrency exchange FTX is facing a criminal inquiry in the Bahamas after the company filed for bankruptcy and essentially collapsed last week. FTX, co-founded by former crypto billionaire and...
FTX Holds Luxury Properties Worth 74 million USD in Bahamas
With the Bahamian crypto exchange FTX going bankrupt, new findings about the company and its spendings came out one after the another. Recently a news outlet came up with a report consisting of the in...
SBF And His Three Deputies “Under Supervision” in Bahamas
SBF and his three trustfull associates ‘under supervision’ by authorities. The CEO of the largest exchange is the major hidden suspect to be involved. They are struck from everywhere. Does SBF Reign ...
FTX Faces Criminal Investigation In Bahamas After Crypto Exchange Collapses, Police Say
Topline The Royal Bahamas Police Force is investigating Sam Bankman-Fried’s now-bankrupt cryptocurrency exchange FTX for possible criminal misconduct, the department said in a statement Sunday, markin...
FTX under investigation for possible criminal misconduct in the Bahamas
FTX, which filed for Chapter 11 bankruptcy protection in the U.S. on Friday, is now under investigation in its headquarters of the Bahamas. “In light of the collapse of FTX globally and the prov...
Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’ – Bitcoin News
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the fina...
FTX under investigation in the Bahamas for criminal misconduct
An investigation of possible criminal misconduct over the insolvency of cryptocurrency exchange FTX is underway by financial investigators and the Bahamas securities regulators, according to a stateme...
Bankrupt FTX Faces Criminal Investigation in the Bahamas
The once multi-billion dollar cryptocurrency enterprise, which was headquartered in the Bahamas, started unraveling after a CoinDesk article questioning the financials of FTX’s sister company Al...
Sam Bankman-Fried currently under supervision in the Bahamas
Sam Bankman-Fried former FTX’s CEO, co-founder Gary Wang, and director of engineering Nishad Singh are reportedly in the Bahamas and “under supervision” by the government there as of November 13, 2022...
Bahamas regulator contradicts FTX claim that it was required to process local withdrawals
The Securities Commission of the Bahamas (SCB) did not require failed crypto exchange FTX to allow withdrawals for users in the country, according to a statement shared on the financial regulator̵...
Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. The source fa...
FTX spent $74 million on real estate in the Bahamas this year: Exclusive
Now-bankrupt crypto exchange FTX Group went on a real estate splurge this year, according to government documents obtained by The Block and confirmed by two former FTX employees. In total, the ...
FTX users may be cashing of bankrupt crypto exchange through a Bahamas loophole
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Some FTX users appear to have f...