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Prime Minister Philip Davis yesterday broke his silence on the matter of last week’s implosion of cryptocurrency giant FTX Digital Markets Ltd., which is headquartered in The Bahamas. He began his address in the House of Assembly by pointing out the volatility of the cryptocurrency market. “Numerous crypto tokens and companies around the world have

Brian Simms, KC, one of the joint provisional liquidators appointed to oversee the winding up of FTX, said he did not authorize anyone affiliated with FTX to file for bankruptcy in the United States (US) and rejects the petition. Simms also said the findings of the liquidators indicate that “serious fraud and mismanagement” might have