Bahamas Financial News

A second trial of FTX founder Sam Bankman-Fried on charges not in the cryptocurrency fraud case presented to a jury that convicted him in November is not necessary, prosecutors told a judge Friday.

On a sparkling, clear and calm day in early December, part-time Montreal model Kim Bruneau slipped into the ocean off the coast of Nassau in the Bahamas, wearing a pink tutu, setting her sights on a new Guinness World Record for underwater modelling.

PGA Tour’s Q-School. The next two weeks are a brief period of relief in the calendar of professional golf. However, there is a build-up of anticipation for the impending resumption. The golfing calendar for the year 2024 begins with the PGA Tour, announcing a return to its original schedule. This is followed by the DP World Tour, PGA Tour Championships, Korn Ferry, and LPGA events. Fans though need to be waiting till February for the comeback of LIV Golf.

Percy Jackson and the Olympians" takes a majestic plunge into the realms of ancient Greek mythology, unraveling the mysteries of gods and demi-gods. Among the divine figures emerging from the narrative is Poseidon, the formidable ruler of the seas, portrayed in the show with both anticipation and a fresh perspective.

A number of upset travellers have traded in their swimsuits for snow gear after their sunny Bahamas-bound cruise was rerouted to more frigid temperatures in New England and Canada.

U.S. District Judge Lewis Kaplan has denied a request for adjournment made by Sam Bankman-Fried, the former CEO of FTX. 

More than 40 countries have made significant strides in advancing crypto-focused regulations and legislation this year, indicating a growing global trend towards wider cryptocurrency adoption.

By Dietrich Knauth

The ongoing saga following the dramatic collapse of Sam Bankman-Fried‘s bankrupt cryptocurrency exchange FTX took a major new turn with a Tuesday announcement detailing a global settlement between FTX Trading Ltd. and FTX Digital Markets Ltd.

A 44-year-old American woman was killed in New Providence, Bahamas, after she was attacked by a shark while paddleboarding in waters near the Sandals Royal Bahamian resort on Monday, local authorities said.

Tiger Woods vaulted 430 spots in the Official World Golf Ranking after finishing 18th out of 20 golfers in his invitational Hero World Challenge. Woods, who was making his first start since withdrawing from the Masters in April, had fallen to a career-low 1,328th in the OWGR by last week. He made his return at the Bahamas and while the 47-year-old surprised many with his solid play, Woods bested only two players in the field. That didn't prevent Woods from climbing to 898th in the OWGR, his highest since before withdrawing from the 2022 PGA Championship. That also doesn't speak to the fact that the Hero World Challenge is an unofficial PGA Tour event. LIV had its application to earn OWGR points denied earlier this year, largely due to the fact that its events are limited to 48 players competing in a three-day shotgun start format with no cut that also includes a team aspect. But that Woods could climb 430 spots in an unofficial event in which he finishes third to last will almost certainly draw ire from those who believe LIV players should be earning rankings points. Woods finished ahead of only reigning U.S.

The U.S. military says three commercial ships in the Red Sea were struck by ballistic missiles fired from Houthi-controlled Yemen, and a U.S. warship shot down three drones in self-defense during the hourslong assault

Hero World Challenge 2023 is here. In a thrilling conclusion to the golfing calendar of 2023, some of the most exceptional players worldwide are gearing up for the Hero World Challenge in the Bahamas. A notable participant in this prestigious event is none other than Tiger Woods, who not only commits to the tournament annually but also hosts it. This competition marks not only his return to action but also serves as the venue for the gathering of some of the globe's finest golfers for a final showdown in the year. Despite his absence from competition since the 2023 Masters, where he had to withdraw due to an ankle injury, the 15-time major champion, Tiger Woods, is poised to assess the progress of his newly fused ankle, scrutinize his gait, and test his skills against formidable opponents such as world No. 1 Scottie Scheffler and FedEx Cup champion Viktor Hovland. The round 3 starts on Saturday. Live TV coverage is available on Golf Channel, fuboTV, and NBC. The live streaming will be provided on Peacock. First will continue till 5 pm (local time). Round 4 begins on Sunday at 10.45 am (local time) and the action will continue till 4.30 pm (local time). Live telecast is available on Golf Channel, Fubo TV, NBC. The live streaming will be provided on Peacock.

The scandals of recent years have taken a profound toll on the credibility and trust of the cryptocurrency sector. However, with the SBF trial behind us, Binance’s settlement with the DoJ, and the promise of a Bitcoin ETF creating a positive buzz in the markets, it feels like the industry is at a pivotal moment.

Uranium3o8, an asset-backed token backed by uranium, has gone live on Uniswap.

Tether’s bank partner Britannia Financial is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a large deposit from Tether.

global trade and economy refuse to abate. After Covid and the Ukraine war ravaged global supplies, creating energy and food crises in many parts of the world, another risk has started building up. The Israel-Hamas war, even though it hasn't spilled over to other countries, is threatening a wider disruption of trade and supplies.

Tether’s deposit of over $1 billion with a financial services firm has come under scrutiny in London’s High Court.

Yemen's Iran-backed Houthi rebels have seized an Israeli-linked ship in a crucial Red Sea shipping route and taken the 25-member crew hostage

Colombian pop sensation Shakira found herself at the center of a legal battle involving tax fraud allegations that spanned nearly five years, culminating in a dramatic turn of events on the opening day of her trial in Barcelona. Maintaining her innocence until the last moment, Shakira unexpectedly struck a deal with Spanish prosecutors to avert the looming threat of imprisonment.

Though disgraced FTX boss Sam Bankman-Fried (SBF) has already lost in court, the crypto mogul’s law professor parents – Joe Bankman and Barbara Fried – may also face charges for abetting their son’s megalithic fraud.