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.
A 56-year-old trader from Gombak, Malaysia, recently lost more than RM1.6 million in a sophisticated online investment scam orchestrated through the popular messaging application, WeChat.
Amid ongoing efforts to recover assets for creditors of the defunct crypto exchange FTX, Sam Trabucco, former co-CEO of Alameda Research, has agreed to forfeit high-value assets, including two San Francisco properties and a yacht. According to a court filing dated 3 November, the combined value of these assets reaches approximately $11.2 million — with the properties estimated at $8.7 million and the 53-foot yacht at $2.5 million.
Tradeweb and Tokyo Stock Exchange partner to improve ETF liquidity for global investors, offering streamlined access and competitive trading in Japan’s ETF market.
In recent years, the rise of deepfake technology and sophisticated online exploitation tactics have led to a dangerous surge in share-trading frauds. Cybercriminals have evolved their methods to deceive even the most cautious investors, making it increasingly challenging for individuals to discern genuine opportunities from scams.