Bahamas regulator holds FTX assets pending delivery to customers, creditors

Seized $3.5 billion in FTX crypto assets, Bahamas regulator says

FTX’s U.S. managers value the seized crypto at far less and said they would seek its return from the Bahamian government

Bahamas regulators freeze FTX assets, await delivery to creditors

The country's Securities Commission said it will hold billions in assets as due process takes place ahead of the money's delivery to customers.

Bahamas Regulators Seize Crypto Assets from FTX Worth $3.5 Billion for 'Safekeeping'

The Securities Commission of the Bahamas claims that it has moved $3.5 billion from FTX’s Bahamian subsidiary, FTX Digital Markets, into its own digital wallets for "safekeeping" while former FTX CEO Sam Bankman-Fried awaits trial in the United States.

Bahamas authorities seized $3.5 billion in FTX assets

The Bahamas' Securities regulator confirmed Thursday that it seized $3.5 billion in crypto assets from FTX as it went bankrupt.

Bahamian Regulator Says It Seized $3.5 Billion From FTX To ‘Safeguard’ It

The Securities Commission of The Bahamas announced late Thursday that it had seized $3.5 billion worth of crypto assets from bankrupt crypto exchange FTX.

Bahamas Seized $3.5 Billion FTX Assets

Bahamian authorities took control of $3.5 billion worth of digital assets at FTX Digital Markets shortly after it filed for Chapter 11 bankruptcy protection based on information provided by founder Sam Bankman-Fried, according to a statement on Dec. 29. Hannah Miller has more. (Source: Bloomberg)