Tag: Bahamas
FTX Bahamas Unit Reaches Agreement With U.S. Team on Pooling, Distributing Assets
Once the courts have agreed, FTX Digital Markets will take the lead in the realization of real estate and other assets in the Bahamas and FTX Debtors [...]
Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial
Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.
www.coindesk.com [...]
FTX has $222M in Bahamas real estate, 1,300 tokens: shareholder presentation
FTX has released its presentation materials for the shareholder meeting taking place Sept. 11-12. The unrestricted portion provides a clear overview o [...]
FTX Bankruptcy Estate Holds $200M in Bahamas Property, $1.16B in Solana Tokens: Court Filing
The presentation also details $2.2 billion in cash, crypto, equity and real estate received by Bankman-Fried and other executives, including Nishad Si [...]
Sam Bankman-Fried Can Contest Extra U.S. DOJ Charges, Bahamas Supreme Court Says
“Leave is granted to the claimant to commence proceedings for judicial review,” Bahamas Supreme Court Judge Loren Klein said on Tuesday. Klein's comme [...]
Sam Bankman-Fried's Bahamas Litigation May Take ‘Months or Years,’ His Counsel Says
The FTX founder’s lawyers argue that a new Supreme Court judgment shows that he has not committed fraud.
www.coindesk.com [...]
Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say
United States prosecutors will drop some of the charges against former FTX CEO Sam-Bankman Fried if The Bahamas government objects to them, according [...]
Scaramucci Recounts Harrowing Final Days of FTX, Visit to Bahamas to See Sam Bankman-Fried
The SkyBridge founder walked in on a “war room” when he traveled to talk face to face with the now-disgraced Bankman-Fried as the exchange unraveled.
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Bahamas securities watchdog presents comprehensive new draft digital assets act
The Securities Commission of The Bahamas (SCB) published a draft of the Digital Assets and Registered Exchanges (DARE) Bill 2023 on April 25. The swee [...]
The Securities Commission of the Bahamas Seeks to Tighten Crypto Laws After FTX’s Collapse
It will also bring in a “new and comprehensive regulatory framework for stablecoins” which seek to fix their value to other assets such as fiat curren [...]
FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings
“Mr. Bankman-Fried, and others at his direction, maintained a close, accommodating relationship with Bahamian law enforcement agencies” including the [...]
FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say
Of the $219.5 million total balance FTX Digital held in banks, $21.5 million has been realized by the liquidators, and a further $54.5 million is pend [...]
FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas
The joint provisional liquidators of FTX Digital Markets — the firm’s subsidiary in the Bahamas — has released a report on the company’s physical asse [...]
New Hampshire could become an alternative for crypto firms moving to the Bahamas
New Hampshire is on the verge of becoming a national leader in cryptocurrency if its legislature follows through on recommendations made by a commissi [...]
FTX’s US Leadership, Bahamas Liquidators Say They’ve ‘Resolved’ Most of Their Issues
FTX Trading, which is the entity behind the FTX.com exchange, filed for bankruptcy in the U.S. last November, while FTX Digital Markets, a Bahamas-bas [...]