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FTX chief’s Albany handover to preserve $200m recovery

The head of FTX’s Bahamian subsidiary is handing over his Albany home to local liquidators to ensure the recovery of “more than $200m” from selling-off the crypto exchange’s real estate is not endangered.

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FTX’s Salame hands $200m Albany home to liquidators

THE head of FTX’s Bahamian subsidiary is handing over his Albany home to local liquidators to ensure the recovery of “more than $200m” from selling-off the crypto exchange’s real estate is not endangered.

Fraudulent transactions drop in value by $15.4m

Fraudulent Bahamian financial transactions decreased in value by 72.6 percent to a collective $5.8m in 2023, the Central Bank revealed yesterday, with the frequency of such crimes also dropping sharply.

Chamber targets education over Business Licence woe

The Chamber of Commerce’s vice-chairman says it wants to work with the Government to better educate the private sector and avoid the delays that plagued this year’s Business Licence filings

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Minister: We’ll leave taxi sector in ‘better condition’

A Cabinet minister has pledged the Davis administration will leave the taxi industry in “better condition” than it found it with the new driver code of conduct not designed just to “reprimand”.