简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The Securities Commission of the Bahamas (SCB) denied on Monday FTX's allegations concerning the digital assets of its Bahamas business seized by the regulator, claiming the debtors of the insolvent cryptocurrency exchange had "incomplete information".
(Reuters) - The Securities Commission of the Bahamas (SCB) denied on Monday FTX's allegations concerning the digital assets of its Bahamas business seized by the regulator, claiming the debtors of the insolvent cryptocurrency exchange had “incomplete information”.
The SCB said last month that it had seized more than $3.5 billion in cryptocurrencies from the FTX Digital Markets business, which it was keeping for future reimbursement to consumers and other creditors.
FTX challenged SCB's figures, claiming that the digital assets confiscated in November were only worth $296 million, not $3.5 billion.
“Such public representations by Chapter 11 debtors were based on inadequate information,” the agency said Monday in a statement.
FTX did not respond immediately. The company has been in conflict with the Bahamian government since declaring bankruptcy on November 11.
Bahamas authorities have requested access to FTX's documents in order to assist with the liquidation of FTX Digital Markets, but the company's U.S. bankruptcy team has said that it does not trust them with the information.
Sam Bankman-Fried, the founder and former CEO of FTX, was arrested on fraud charges and is scheduled to appear in Manhattan federal court on Tuesday before U.S. District Judge Lewis Kaplan.
According to the firm's new CEO, John Ray, the exchange lost $8 billion in client funds.
Stay tuned for more FTX news.
Download and install the WikiFX App from the download link below to stay updated on the latest news, even on the go.
Download link: https://www.wikifx.com/en/download.html
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
he 2024 US Presidential election will drive market volatility, impacting forex, stocks, and commodities. Prepare for shifts with strategies for both Trump and Harris outcomes.
Robinhood introduces margin investing to UK customers, offering some of the most competitive rates. Unlock greater portfolio flexibility and growth opportunities with these top rates.
Malaysian authorities have arrested six individuals in connection with the "Kakaue" cryptocurrency investment scam, which defrauded victims of an estimated RM18 million. The suspects, aged between 19 and 41, were apprehended during a series of nationwide raids conducted by the Bukit Aman Commercial Crime Bureau between 7-11th October 2024.
A crypto trader transforms a $3,000 investment into $9 million in just 3 days with GNON, showcasing the wild potential of memecoins. Solana memecoin buzz surges.