Photo | The Tribune

FTX Bahamas charges US broke 'every single' pledge

FTX's Bahamian liquidators have accused their US adversaries of "breaching every single" co-operation pledge in just four short months as they urged the Supreme Court to "sort it out" with Delaware.

Claims Bahamas 'in cahoots' with SBF are 'shockingly inappropriate'

An FTX creditor/investor group yesterday leapt to The Bahamas defence by branding claims that the Government was "in cahoots" with Sam Bankman-Fried as "shockingly inappropriate".

FTX's US chief tells Bahamian liquidators: The $143m is mine

FTX's Bahamas liquidators face a three-way battle to regain control of some $143m seized by the US Justice Department after their US counterpart asserted he "stands first in line" to recover this asset from the federal authorities.

FTX chief blasts Bahamas over 'closed legal system'

FTX's US chief yesterday blasted The Bahamas' "closed legal system" and argued his team will "find it difficult to protect our rights" due to challenges in gaining approval for their chosen UK KC to act before this nation's courts.

FTX's Bahamian liquidators possess own data leverage

FTX's Bahamian provisional liquidators have their own data bargaining chips, it has emerged, as they control "electronic devices" used by Sam Bankman-Fried and his inner circle that their US counterparts are eager to access.

FTX chief’s $460m deal with Bahamas fund firm

FTX’s US chief yesterday unveiled a $460m settlement with a Bahamas-based fund manager that received hundreds of millions of dollars in the months leading up to the crypto currency exchange’s collapse.

FTX US chief bids to cut-off Bahamas

FTX’s US chief yesterday shattered the temporary ceasefire with the Bahamian provisional liquidators by launching a legal bid to deny them access to any assets caught in the crypto exchange’s multi-billion dollar collapse.

FTX creditors ‘fortunate’ Bahamas acted on hack

FTX’s US chief has admitted to the Delaware Bankruptcy Court that clients and creditors were “fortunate” The Bahamas acted to safeguard assets from theft by hackers in a total reversal of his previous attacks.

FTX CEO’S ATTACKS ON BAHAMAS ‘MISGUIDED’: Attorney General hails regulator for ‘proper’ measures

FTX’s US chief has admitted his attacks on The Bahamas’ integrity were “misguided” by agreeing to work with the failed crypto exchange’s local liquidators, the Attorney General argued last night.

FTX Trading Limited agrees on 'mutual cooperation' terms

FTX Trading Limited has agreed on terms for “mutual cooperation” on the chapter 11 in the US and the provisional liquidation in The Bahamas.

FTX US chief ‘in contempt’ over Bahamian court order

The Securities Commission’s top executive has accused FTX’s US chief of being “in contempt” of the Supreme Court by blocking access to the collapsed crypto exchange’s cloud-stored system and digital assets.

‘Shut down’ on FTX $300m Bahamas assets safeguard

FTX’s Chapter 11 chief yesterday alleged to the US Congress that efforts to obtain “clarity” over the Securities Commission’s action to safeguard $300m in client assets had been “shut down” by The Bahamas.

SBF deal with Deltec chief’s US bank ‘highly irregular’

FTX’s new US chief yesterday confirmed he is probing a “highly irregular” transaction with Bahamas links where Sam Bankman-Fried’s hedge fund paid an “off the charts” sum to buy into a small American bank.

New FTX CEO: Bahamas is not transparent

FTX CEO John Ray III said the Chapter 11 process in Delaware is the only clear option that gives visibility to customers about what happened to the fallen crypto giant and a chance to recoup their money, as he lambasted the process in The Bahamas as not transparent.

The Tribune

Stories this photo appears in: