Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
The Commission added that it is exercising “its powers as regulator acting under the authority of an order made by the Supreme Court of the Bahamas.” The regulator stressed that the process did not “involve the creation of any additional tokens.” The Securities Commission noted that the seizure was conducted “under a sealing order requested by the Commission and granted by the Supreme Court of the Bahamas” on Nov. 16. The regulator reiterated that contrary to some media reports:
Big moves like this show crypto is serious business. This news is a reminder that we need to stay up to date on the regulations in the global crypto markets. Hodl tight and stay safe out there! DeFi blockchain
Bitcoin ending the year in style....
I got a bad feeling about this. I wish I could find that Bahamian video of an official up in arms over the FTX collapse from last month. He gave every indication that they were going to seize all the assets they could for their own benefit.
I hope clients will get their money back.
The Bahamian .GOV! Now they will surely be honest with all that cash. LOL Yeaaaaaahhhhhhh.
The holidays are coming! 🎅 I'm just inviting everyone! 👇
The holidays are coming! 🎅 I'm just inviting everyone! 👇
Bark if you're holding more than 5+ Billion! 👇 🗣️WOOF!! BabyDogeArmy
Ok, I only listen to ChiefraFba for signals!
yea!
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The holidays are coming! 🎅 I'm just inviting everyone! 👇