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Free National Movement (FNM) Leader Michael Pintard on Friday marched to the Office of The Prime Minister (OPM) to demand answers about the implosion of FTX, a now bankrupt multi-billion-dollar cryptocurrency exchange that just a few days ago was among the largest in the world. We think Pintard should carefully consider the wisdom of that
Opposition Leader Michael Pintard is calling on members of Parliament to declare whether they received campaign financing, loans or gifts from the now-collapsed Bahamas-headquartered crypto currency giant FTX. “All politicians before the election, after the election, should declare,” said Pintard outside the Office of the Prime Minister on Friday. “Did they receive any loans from FTX,
A Delaware judge who is overseeing the Chapter 11 bankruptcy case of FTX US, will hear arguments tomorrow over whether the Chapter 15 bankruptcy proceeding in New York, which was initiated by FTX Bahamas’ liquidators, should be transferred to his court. Brian Simms, KC, one of the joint provisional liquidators appointed to oversee the winding up
Two days after freezing FTX Digital Market’s (FDM) assets on Nov. 10, the Bahamian securities regulator acted on a court order to seize and transfer FDM’s assets to a digital wallet controlled by the commission.