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The Bahamas Regulator Justifies Move to Cease Local FTX Clients' Assets

The Bahamas Regulator Justifies Move to Cease Local FTX Clients' Assets

The Securities Commission of The Bahamas on Wednesday released a statement justifying its move to cease the customer assets of the local FTX entity, FTX Digital Markets Ltd (FDM). It came after several questions were raised against the action of the Bahamian regulator.

"It is unfortunate that in Chapter 11 filings, the new CEO of FTX Trading Ltd. misrepresented this timely action through the intemperate and inaccurat... Read More

Posted: Nov 24 2022, 07:42
Author Name: financemagnates
Views: 111466

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