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The Bahamas Regulator Orders FTX to Transfer Cryptos to Government Wallets

The Bahamas Regulator Orders FTX to Transfer Cryptos to Government Wallets

On Thursday, the Securities Commission of the Bahamas said that it has ordered the transfer of all digital assets held by FTX Digital Markets Ltd (FDM) to a government-controlled wallet for 'safekeeping.' The order was issued last Saturday.

"The Securities Commission of The Bahamas ('the Commission'), in the exercise of its powers as regulator acting under the authority of an Order made by the Supreme Court of The Bahamas, took the action of directing the transfer of all digital assets... Read More

Posted: Nov 18 2022, 06:33
Author Name: financemagnates
Views: 111585

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