Bahamas

Bahamas Introduces New Bill To Tighten Crypto Regulation After FTX Crash

The Bahamas intends to tighten cryptocurrency regulations, which have been tainted by the collapse of the FTX exchange.

2 years ago

Tether Denies Using Signature Bank To Remit US Customers’ Money To The Bahamas

According to Bloomberg News, stablecoin issuer Tether used Signature Bank to transfer U.S. dollars from the United States to the…

2 years ago

FTX Spent $40 Million Catering To Food, Flights And Hotels In 9 Months

Key Points: FTX spent $40 million between January and September in 2022 on meals, travel and hotels, before filing for…

2 years ago

Bahamas Liquidators And FTX Debtors Now Agree To Work Together

Key Points: The teams in charge of failing cryptocurrency exchange FTX's bankruptcy lawsuits in the United States and the Bahamas…

2 years ago

Sam Bankman-Fried Pleads Not Guilty To Fraud Charges Tied To FTX Crisis

Key Points: The creator of the now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried, entered a not-guilty plea to accusations that he…

2 years ago

Bahamas SCB Said New FTX CEO’s Latest Statements On Its Actions Were “Unfounded”

Key Points: In press releases and court filings by Securities Commission of The Bahamas, John J. Ray III, the representative…

2 years ago

FTX Revealed The Address Of $167 Million Seized By The Bahamas Authorities

Key Points: The FTX asset address recovered by Bahamian officials was published on Twitter on January 1 with the current…

2 years ago

FTX Says Bahamas Regulators Hold Only $296 Million Of Company’s Assets

Key Points: The Securities Commission of the Bahamas asserted that it owned $3.5 billion worth of assets belonging to the…

2 years ago

Disgraced Bankman-Fried Crypto Wallets Now Targeted By Federal Prosecutors

Key Points: Federal investigators are looking into a number of cryptocurrency transactions that web analysts have linked to Sam Bankman-Fried-related…

2 years ago

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