The naming rights deal between FTX and Miami-Dade County has been terminated by a federal bankruptcy court following the collapse of the cryptocurrency exchange.
The naming rights deal between FTX and Miami-Dade County has been terminated by a federal bankruptcy court following the collapse of the cryptocurrency exchange.
FTX’s US debtors, who are in Chapter 11 bankruptcy, and the joint provisional liquidators (JPL) who are overseeing the winding up of FTX Digital Markets (FTX DM) in The Bahamas are once again working to reach an agreement over access to the exchange’s data. The JPLs and FTX’s new CEO John Ray III have exchanged
FTX US, the Securities Commission of The Bahamas (SCB) and the Bahamian-appointed joint provisional liquidators (JPLs), who are overseeing the winding up of FTX Digital Markets in The Bahamas, are “working in good faith” to reach a resolution over access to FTX’s data. On December 9, the liquidators filed an emergency motion asking US bankruptcy
A US bankruptcy judge said yesterday that joint provisional liquidators in The Bahamas should be allowed access to FTX’s accounts and data. Judge John T. Dorsey’s comments came during a hearing in a Delaware bankruptcy court where FTX’s attorney indicated that the company “does not trust the Bahamian government”. James Bromley, who is counsel for the debtors, is against