Bahamas Financial News
03.01 / 10:49
Digital
Bahamas officials seized $3.5bn in digital assets from FTX’s local operation in mid November
Bahamas securities regulators said they seized digital assets valued at $3.5bn from FTX’s local operation in mid-November as the cryptocurrency exchange spiralled toward collapse, a figure that FTX’s US managers cast doubt on 30 December.
31.12 / 14:39
31.12 / 14:07
business
regulation
Court
Fried
Sam
NOT
Sam Bankman-Fried to reportedly plead not guilty to criminal charges
Former FTX CEO Sam Bankman-Fried (SBF), currently free on a $250 million bail bond, will reportedly plead not guilty to the alleged FTX and Alameda-related financial frauds in court on Jan. 3.
30.12 / 19:03
Cardano
Tether
Bitcoin
the bahamas
Customers
Today in Crypto: FTX-owned Liquid to Start Refunding Customers in February, The Bahamas SEC Holds $3.5M of FTX Assets
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
30.12 / 08:21
business
regulation
white house
SBF met with Biden's senior advisors 2 months before FTX collapse: Report
Former FTX CEO Sam Bankman-Fried met with government officials at the White House on at least four separate occasions in 2022, and reportedly a meeting just two months before the fall of his crypto empire.
30.12 / 05:47
cryptocurrency
FTX
FTX bankruptcy
creditors
Customers
Bahamas regulator holds FTX assets pending delivery to customers, creditors
The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver them to customers and creditors who own them.
29.12 / 19:13
ICP
Internet Computer
D2T
QNT
Best Crypto to Buy Today 29 December – FGHT, ICP, D2T, QNT, CCHG
The big news this week in the crypto space is that on Wednesday it was reported that Sam Bankman-Fried (SBF) will be arraigned before the Manhattan federal court on January 3, 2023. This is the latest development in a string of events leading up to his arrest by Bahamian Authorities on December 12, which was followed by his extradition to the United States.
29.12 / 14:01
FTX
SBF
Fried
Sam
Sam Bankman-Fried to Enter Plea in Case Alleging Fraud and Embezzlement at FTX Cryptocurrency Exchange
In another installment of Sam Bankman-Fried’s legal woes in the aftermath of the collapse of crypto exchange FTX, the platform’s co-founder is now expected to enter a plea next week related to criminal charges he defrauded investors and stole billions of dollars in customer funds.
29.12 / 07:09
business
Court
Stanford University
Fried
Sam
bail
Sam Bankman-Fried's life on bail: Armed guards, daily jogs and gawkers
Sam Bankman-Fried has reportedly been leading a decent lifestyle while under house arrest in his parent’s home in Palo Alto — with daily jogs, a security detail, and a couple of in-home visits.
28.12 / 22:49
FTX
Customers
FTX Customers File Lawsuit To Lay Claim To Assets
Sam Bankman-Fried has said he does not believe he has criminal liability. (File)
28.12 / 17:13
Platform
FTX
SBF
Bitcoin
Department
US Department of Justice Launches Investigation Into $370 Million FTX Hack
As the US authorities continue their investigation into the sudden collapse of major crypto exchange FTX, federal prosecutors are probing an alleged hack that allowed cyber criminals to steal assets worth more than $370 million from the platform hours after it filed for bankruptcy.
28.12 / 13:05
FTX
Ftx Trial
Fried
Sam
Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest
Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial.
28.12 / 12:57
Digital
Action
class action
Customers
FTX customers file class action lawsuit against the failed crypto exchange and former top execs
FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company's holdings of digital assets belong to customers.
28.12 / 05:51
cryptocurrency
Bitcoin price today
crypto prices
Top Cryptocurrency Prices Today December 28: Bitcoin, Ether in red; Polkadot top gainer
Major cryptocurrencies traded mixed early on December 28 as the global crypto market cap decreased 0.73 per cent to $807.13 billion, over the last day. The total crypto market volume over the last 24 hours is $26.85 billion, which is a 20.08 per cent increase.
27.12 / 08:59
business
Twitter
The New York Times
Fried
Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried
The online community including some cryptocurrency figures has condemned the latest so-called “sympathy” articles from The New York Times — written about FTX founder Sam Bankman-Fried.
24.12 / 12:53
business
cryptocurrency
World
Fried
Sam
bail
How Did Sam Bankman-Fried Make His $250 Million Bail?
The release this week of Sam Bankman-Fried, the disgraced cryptocurrency executive, from federal custody on a $250 million bond has raised questions about the federal bail process and why such a high-profile defendant was allowed to go free.
23.12 / 14:43
Digital
Cooper
Williams
Fried
Sam
bail
FTX founder Sam Bankman-Fried to be released on $250 million bail and will live with his parents
Cryptocurrency entrepreneur Sam Bankman-Fried walked out of a Manhattan courthouse on Thursday with his parents after they agreed to sign a $250 million (€235 million) bond and keep him at their California home while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform.
23.12 / 14:23
cryptocurrency
FTX
SBF
Jail
Fried
Sam
4 conditions under which Sam Bankman-Fried has been released from jail
Sam Bankman-Fried, the ex-FTX CEO arrested for criminal fraud, has been released on a $250-million bail. The 30-year-old, once the toast of the crypto world, stands accused of stealing billions of dollars belonging to customers.
23.12 / 11:11
US court
Fried
Sam
Sam Bankman-Fried released on $250m bond after FTX founder faces US court
FTX founder Sam Bankman-Fried was released on a $250m bond 22 December and ordered to stay in his parents’ Palo Alto, California, home, after the former executive’s first appearance in a New York federal court following his extradition from the Bahamas.
23.12 / 10:59
cryptocurrency
FTX collapse
Sec Chair
Even after FTX, SEC chair sees no need for new crypto laws
The swift collapse of the cryptocurrency empire FTX is prompting urgent calls in Washington for legislation to rein in the digital asset industry.
23.12 / 09:01
breaking news about Bahamas
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