Bahamas

FTX Trading and FTX Digital Markets Reach Settlement 
FTX Trading and FTX Digital Markets Reach Settlement 
December 19, 2023  |  Cryptocurrency

Bankrupt crypto exchange FTX Trading has reached a settlement with liquidators for its Bahamas unit, resolving a dispute over whether the company’s U.S. bankruptcy proceedings should...

READ MORE >
An American Revolution — How US Crypto Policy Diverges From Rest of World
An American Revolution — How US Crypto Policy Diverges From Rest of World
July 04, 2023  |  Cryptocurrency

There will be no fireworks for the digital asset sector this July Fourth.  It’s looking like the course du jour being cooked on the grill...

READ MORE >
Sam Bankman-Fried Asks the Bahamas to Dismiss Post-Extradition Charges 
Sam Bankman-Fried Asks the Bahamas to Dismiss Post-Extradition Charges 
June 13, 2023  |  Cryptocurrency

Disgraced cryptocurrency executive Sam Bankman-Fried is asking the Bahamian court to dismiss certain charges levied against him by the U.S. government after his extradition from the island...

READ MORE >
DOJ: Bankman-Fried Turned to Foreign Regulators to Hold On to FTX
DOJ: Bankman-Fried Turned to Foreign Regulators to Hold On to FTX
January 31, 2023  |  Regulation

As his crypto empire collapsed, Sam Bankman-Fried reportedly turned to overseas regulators for help. Federal prosecutors say the FTX co-founder tried to hold off his...

READ MORE >
Report: FTX Collapse Slows Bahamas’ CBDC Project
Report: FTX Collapse Slows Bahamas’ CBDC Project
January 15, 2023  |  CBDC

The Bahamas’ two-year-old digital currency project has gotten off to a slow start. The reasons are twofold, according to a Saturday (Jan. 14) Bloomberg News...

READ MORE >
FTX: Bahamas Seized Digital Assets Without Authorization
FTX: Bahamas Seized Digital Assets Without Authorization
January 02, 2023  |  Cryptocurrency

FTX claimed the Securities Commission of The Bahamas seized its digital assets without authorization.  The firm and its affiliated debtors — together referred to as...

READ MORE >
Bahamas Securities Commission Reports Seizing $3.5B in FTX Assets
Bahamas Securities Commission Reports Seizing $3.5B in FTX Assets
December 30, 2022  |  Cryptocurrency

The Bahamas’ Securities Commission seized $3.5 billion from FTX just after the company’s bankruptcy. The regulator announced the seizure Thursday (Dec. 29), saying the cryptocurrency...

READ MORE >
Sam Bankman-Fried Leaves Bahamian Sickbay for US Bail Hearing 
Sam Bankman-Fried Leaves Bahamian Sickbay for US Bail Hearing 
December 21, 2022  |  Cryptocurrency

Sam Bankman-Fried’s willingness to be extradited apparently wasn’t caused by great discomfort in Bahamian jail.  During his eight days in prison, the founder of FTX...

READ MORE >
Bahamian Judge Approves Extradition of Sam Bankman-Fried to US
Bahamian Judge Approves Extradition of Sam Bankman-Fried to US
December 21, 2022  |  Cryptocurrency

A Bahamas judge has approved the transfer of Sam Bankman-Fried to the United States.  The decision came after the FTX founder’s lawyer said in court...

READ MORE >