PM: FTX ‘lessons learned’ will make Bahamas better
The Prime Minister yesterday pledged that “the lessons we learned” from the FTX crypto exchange’s collapse will enable The Bahamas to better strengthen its regulatory regime and emerge as a regional digital assets hub.
FTX’s Bahamas properties rack up $450k unpaid fees
FTX’s US chief has revealed that the collapsed crypto exchange’s Bahamian property empire has amassed $450,000 in unpaid fees to local services providers over the ongoing impasse over how to sell the portfolio.
FTX Bahamas demanding $9.15bn from US affiliates
FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.
Do cry for us, Argentina
YOUTH, Sports and Culture Minister Mario Bowleg responded to Argentinian critics of The Bahamas’ male basketball team yesterday, saying: “They could cry as much as they want.”
Man shot dead while on bail for murder and other offences
A 34-YEAR-OLD man on bail for several murders and other serious offences was shot dead yesterday morning on Carmichael Road.
‘40 percent of work permits are jobs Bahamians can do’
LABOUR Director Robert Farquharson believes 40 per cent of the 12,000 work permits issued this year relate to jobs Bahamians can fill.
DARVILLE: WE MUST PREVENT DNA FRAUD – Genetic testing rules necessary to ensure lab sample integrity
OFFICIALS are grappling to prevent mischief related to how DNA samples to establish a person’s paternity are collected following a landmark citizenship ruling in May.
Minister urges Bahamians to report over-charging jitneys
A Cabinet minister is urging Bahamians who are being charged $1.50 by jitney drivers to report such incidents to the Road Traffic Department for investigation as the practice is illegal.
MasterCard aiming to drive Bahamas Fintech solutions
A MasterCard executive yesterday said the company is committed to driving Fintech (financial technology) solutions in The Bahamas so that its "underserved and unbanked" populations can better access such services.
National cyber breach plan may 'take years'
A Bahamas-based cloud services provider yesterday said developing a comprehensive national response strategy to deal with cyber security breaches can be “complicated” and “take years”.
Devynne Charlton hurdles to finals, Anthonique Strachan advances to semifinals of the 200 metres
Following a record-breaking performance on Tuesday, Devynne Charlton remained poised in the 100 metre (m) hurdles semifinals yesterday and booked her ticket to today’s finals.
‘Gamer’ Johnathon ready for World Esports Championships
JOHNATHON Lucius will represent The Bahamas for the second time at the International Esports Federation’s (IESF) World Esports Championship.
Stephen Brown: ‘We have not had any good facilities in a very long time’
FAMILY Islanders are once again appealing for better baseball facilities to aid in the development of youth on the respective islands.
Where are all the ministers at meeting?
Last evening interesting watching the live showing of the 13th Commonwealth Women’s Conference… did you notice how few Government Cabinet Ministers were present? Where were the top advocates - AG Pinder and Minister National Security Munroe? Probably two rows behind the top Minister’s seating empty.
We should not go cashless
Glad to see at least one Minister, Fred Mitchell is openly against cashless society... we, all those that totally disagree with the cashless stupidity, are supported that recent Central Bank stats indicate in a quarter the ‘wallets of these digital things’ the deposits in them decreased - dropped by over $31m. Seems the consumers are saying... be gone!
Could fire happen here?
MAUI fire… originated - started because overhead electrical wires crossed - caused a flash, unfortunately in a residential area. We have witnessed the horrific results. Could it happen in Nassau?
Three men plead not guilty to charge of possession of a firearm and ammunition
THREE men were granted bail after they were accused of having a loaded firearm in their vehicle on Soldier Road last weekend.
Young boy admits to car theft, sent to Simpson Penn Centre pending probation
A JUVENILE boy was remanded to Simpson Penn after he admitted to a carjacking.
Lawyer resumes representing brothers accused of murder
A JURY heard yesterday that the outfit matching a gunman who killed a man in 2019 was found in the defendants’ car.
Man fined $2,500 for marijuana valued at $1,300 found in his closet
A MAN was fined $2,500 yesterday after he admitted to having $1,300 worth of marijuana hidden in his bedroom closet on Monday.
