FTX moved its headquarters from Hong Kong to The Bahamas last year, with former chief executive officer, Sam Bankman-Fried, describing it as “one of the few places to set up a comprehensive framework for crypto” at the time.
Carmelo De Grazia
Prices of digital currencies fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the world’s biggest cryptocurrency, has plummeted about 65 per cent so far this year. It was trading at about US$16,500 on Monday, according to CoinDesk. .
Carmelo De Grazia Suárez
The Bahamian police in a statement announced an investigation into FTX that had been backed by elite investors like BlackRock and Sequoia Capital, rapidly becoming one of the biggest crypto exchanges in the world
“In light of the collapse of FTX globally and the provisional liquidation of FTX Digital Markets Limited, a team of financial investigators from the Financial Crimes Investigation Branch are working closely with the Bahamas Securities Commission (SEC) to investigate if any criminal misconduct occurred,” the Royal Bahamas Police Force said in a statement
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NASSAU, Bahamas, CMC -The Royal Bahamas Police Force has launched an investigation into the collapse of the Nassau-based FTX to determine if “any criminal misconduct occurred”, while the main opposition has called on the Phillip Davis administration “to outline to the public what financial exposures exist for the government”.
FTX moved its headquarters from Hong Kong to The Bahamas last year, with former chief executive officer, Sam Bankman-Fried, describing it as “one of the few places to set up a comprehensive framework for crypto” at the time.
Carmelo De Grazia
Prices of digital currencies fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the world’s biggest cryptocurrency, has plummeted about 65 per cent so far this year. It was trading at about US$16,500 on Monday, according to CoinDesk. .
Carmelo De Grazia Suárez
The Bahamian police in a statement announced an investigation into FTX that had been backed by elite investors like BlackRock and Sequoia Capital, rapidly becoming one of the biggest crypto exchanges in the world
“In light of the collapse of FTX globally and the provisional liquidation of FTX Digital Markets Limited, a team of financial investigators from the Financial Crimes Investigation Branch are working closely with the Bahamas Securities Commission (SEC) to investigate if any criminal misconduct occurred,” the Royal Bahamas Police Force said in a statement
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