Bahamas Approved Two Provisional Liquidators For FTX
The Securities Commission of the Bahamas reports that the Supreme Court of the Bahamas authorized interim liquidators to manage the assets of FTX Digital Markets Ltd.
Kevin Cambridge and Peter Greaves of PricewaterhouseCoopers were approved as joint provisional liquidators, and Brian Simms has been appointed as a court-supervised provisional liquidator.
In the release, the Bahamian authorities express aspirations to interact with other supervisory agencies on a regulator-to-regulator basis, highlighting the multijurisdictional character of the FTX problem.
The Bahamas securities regulator suspended FTX’s registration status and froze the assets of its local subsidiary on November 10, which was followed by the appointment of a provisional liquidator. According to reports, the Royal Bahamas Police Force was also looking into FTX as part of a probe into potential criminal activity.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Author
News
Bahamas Approved Two Provisional Liquidators For FTX
The Securities Commission of the Bahamas reports that the Supreme Court of the Bahamas authorized interim liquidators to manage the assets of FTX Digital Markets Ltd.
Kevin Cambridge and Peter Greaves of PricewaterhouseCoopers were approved as joint provisional liquidators, and Brian Simms has been appointed as a court-supervised provisional liquidator.
In the release, the Bahamian authorities express aspirations to interact with other supervisory agencies on a regulator-to-regulator basis, highlighting the multijurisdictional character of the FTX problem.
The Bahamas securities regulator suspended FTX’s registration status and froze the assets of its local subsidiary on November 10, which was followed by the appointment of a provisional liquidator. According to reports, the Royal Bahamas Police Force was also looking into FTX as part of a probe into potential criminal activity.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Other Posts
Related Posts
Latest
Consensys Linea Decentralization Through New Swiss Association
From Memes to Millions: How One Investor Is Leveraging Pepe Coin Gains to Bet Big on BlockDAG’s Future
4 Coins That Will Skyrocket and Create Unbelievable Wealth in Your 2024-2025 Bull Run Portfolio
Press Release
From Memes to Millions: How One Investor Is Leveraging Pepe Coin Gains to Bet Big on BlockDAG’s Future
4 Coins That Will Skyrocket and Create Unbelievable Wealth in Your 2024-2025 Bull Run Portfolio
