Jump to content
The World News Media

Bahamian Regulator Holding $3.5 Billion Of FTX Customer Assets 🇧🇸

Mic Drop

Recommended Posts

  • Member

The Securities Commission of the Bahamas (SCB) has reportedly been holding more than $3.5 billion worth of FTX customer assets in custody since Nov. 12. The regulator stated that the assets will be held until the Bahamas Supreme Court directs the SCB to deliver them to the customers and creditors who own them. It further clarified that the assets were no longer in the control of FTX co-founders and that it had never directed them to prioritise fund withdrawals for Bahamas-based clients.



european space agency GIF

Link to comment
Share on other sites

  • Views 160
  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.