Nassau Financial News

The crypto community headed to Nassau in the Bahamas this week for the inaugural Crypto Bahamas conference.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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.

Marine Corps Birthday is an American holiday that is celebrated on November 10 every year with great zeal. On this day, a traditional ball and cake-cutting ceremony takes place. Further, the day commemorates the birth of the United States Marine Corps. In order to augment naval forces in the Revolutionary War, the United States Marine Corps was established on November 10, 1775. The Continental Marines played a vital role in the war as they participated in many key battles including the Battle of Trenton and the Battle of Yorktown.

Dutch King Willem-Alexander apologized Saturday for his country's role in slavery and asked for forgiveness in a historic speech greeted by cheers and whoops at an event to commemorate the anniversary of the abolition of slavery. The king's speech followed Dutch Prime Minister Mark Rutte's apology late last year for the country's role in the slave trade and slavery. It is part of a wider reckoning with colonial histories in the West that have been spurred in recent years by the Black Lives Matter movement.

FTX chief Sam Bankman-Fried asked a US federal court Monday to toss out most of the charges he faces over the collapse of his crypto exchange last year. In a pre-trial motion, lawyers for Bankman-Fried asked the US District Court for the Southern District of New York to dismiss 10 of the 13 charges against him, arguing that in some of the charges prosecutors failed to «state an offense» or to «allege a valid property right.» The disgraced crypto currency highflyer has pleaded not guilty to fraud, conspiracy and money laundering charges. Extradited to the United States in December from the Bahamas and put under house arrest, Bankman-Fried faces potentially dozens of years in prison. His trial is scheduled to begin in October in New York.

Brian Simms, the court-appointed provisional liquidator overseeing the bankruptcy proceedings of FTX Digital Markets in The Bahamas, has called into question the validity of a Chapter 11 bankruptcy filing by subsidiary FTX Trading and 134 other affiliates in a Delaware court on Nov. 14.