Tag: FTX Bahamas

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Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary

December 19, 2023

FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ongoing liquidation proceedings. This agreement, pending court approval, promises a novel approach to handling the complex legal challenges stemming from the group’s collapse. FTX Strikes Deal with Bahamian Subsidiary, Paving Way for Fair Asset…
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Bahamian Attorney General Insists FTX Is the Subject of an ‘Active and Ongoing Investigation’

November 28, 2022

The troubled and now-bankrupt crypto exchange FTX is the subject of “an active and ongoing investigation,” Bahamian attorney general Ryan Pinder told the press on Sunday. Pinder also stressed that putting the blame on the Bahamas “because FTX is headquartered here would be a gross oversimplification of reality.” Bahamian Attorney General Says the ‘Bahamas Will…
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