Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
The Commission added that it is exercising “its powers as regulator acting under the authority of an order made by the Supreme Court of the Bahamas.” The regulator stressed that the process did not “involve the creation of any additional tokens.” The Securities Commission noted that the seizure was conducted “under a sealing order requested by the Commission and granted by the Supreme Court of the Bahamas” on Nov. 16. The regulator reiterated that contrary to some media reports:
Source: Digital Coin News (digitalcoinnews.net)
Big moves like this show crypto is serious business. This news is a reminder that we need to stay up to date on the regulations in the global crypto markets. Hodl tight and stay safe out there! DeFi blockchain
Bitcoin ending the year in style....
I got a bad feeling about this. I wish I could find that Bahamian video of an official up in arms over the FTX collapse from last month. He gave every indication that they were going to seize all the assets they could for their own benefit.
I hope clients will get their money back.
The Bahamian .GOV! Now they will surely be honest with all that cash. LOL Yeaaaaaahhhhhhh.
The holidays are coming! 🎅 I'm just inviting everyone! 👇
The holidays are coming! 🎅 I'm just inviting everyone! 👇
Bark if you're holding more than 5+ Billion! 👇 🗣️WOOF!! BabyDogeArmy
Ok, I only listen to ChiefraFba for signals!
yea!
Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!
The holidays are coming! 🎅 I'm just inviting everyone! 👇
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bahamas regulator holds FTX assets pending delivery to customers, creditorsThe Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver them to customers and creditors who own them. 1) what? 👏
Source: Reuters - 🏆 2. / 97 Read more »
Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer AssetsRegulators in the Bahamas have taken custody of $3.5 billion in FTX customer assets, according to a statement. thesamreynolds reports. thesamreynolds We got it first! thesamreynolds Okay, where exactly are these assets held? Can’t see them onchain thesamreynolds Ftx is not bankruptcy lmao.. neither is Sam really out of business and ideas..he should be a free man
Source: CoinDesk - 🏆 291. / 63 Read more »
Bahamas authorities seized $3.5 billion in assets from FTX after bankruptcyAuthorities in the Bahamas acquired more than $3.5 billion in digital assets from the crypto exchange FTX after the company filed for bankruptcy. That money belongs to the real investors that were scammed. Sam Bankman-Fried had 4 White House meetings in 2022 The most recent of these meetings, with senior White House adviser Steve Ricchetti, took place on September 8, around two months before the cryptocurrency mogul's FTX empire began to unravel. No book deal if you get convicted fool. You can't profit from your crimes
Source: dcexaminer - 🏆 6. / 94 Read more »
Bahamas authorities seized $3.5 billion in FTX assetsThe securities regulator of the Bahamas announced that it seized $3.5 billion in digital assets controlled by FTX Digital Markets last month. Good now give it back to the people that lost it Do you believe the people will get their money back, at least most, or will some government entity keep it for themselves?
Source: axios - 🏆 302. / 63 Read more »
Bahamian regulator holding $3.5 billion of FTX customer assetsThe Bahamas' Securities Commission took custody of customer assets following a security breach that drained millions from FTX after the crypto exchange filed for bankruptcy.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Bahamian regulator says it seized $3.5 billion of FTX crypto assets for 'safekeeping'The Securities Commission of The Bahamas said it moved $3.5 billion from FTX's Bahamian subsidiary, FTX Digital Markets, into its own digital wallets. “I have $3,000,000,000 in imaginary internet currency locked in my office safe” TQQQ & VIX, Are you getting it yet! Just look at how odd they're moving around. Anyone, who knows the game Also know, it ain't the same. Why is this you ask, but know because I told you and now it's exposed. I'm a powerful adversary and influencer. Hate it or Love it. So in other words they stole it
Source: CNBC - 🏆 12. / 72 Read more »