• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Bahamian Attorney General defends regional government’s managing of FTX situation

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The Attorney General of the Bahamas defended the country’s actions for the duration of the historic collapse of the FTX exchange.

Bahamian Attorney General defends local government's handling of FTX case
Bahamian Attorney General defends regional government’s managing of FTX situation

Specifically, Bahamian Attorney General Ryan Pinder slammed new FTX CEO John Ray III more than the weekend, accusing him of misrepresenting the actions of the country’s regulators in the college, the bankruptcy of the $32 billion cryptocurrency exchange of bucks by Sam Bankman-Fried.

Related articles

No legal changes have been made to prevent a “second FTX” from occurring.

No legal improvements have been created to avoid a “second FTX” from taking place.

November 16, 2023
Coin68 Weekly Magazine (November 6 - November 12): Crypto Market Rises Strongly One Year After FTX Collapse

Coinlive Weekly Magazine (November six – November twelve): Crypto Market Rises Strongly One Year After FTX Collapse

November 12, 2023

Bahamian Attorney General defended island nation’s stock amid FTX Digital Markets Ltd. collapse in nationwide deal with late Sunday https://t.co/uZO1r4tO3d

— WSJ Markets (@WSJmarkets) November 28, 2022

In a statement, Ryan Pinder disputed current statements produced by him and attorneys in US bankruptcy court amid queries about irrespective of whether or not Bahamian regulators have the authority to handle the public assets of subsidiary FTX at the second. of bankruptcy in early November 2022. Mr. Ryan Pinder stated the Bahamian government has the proper to do so below regional law to secure prospects and creditors.

Indeed, the “fight” more than approving the bankruptcy of FTX in Delaware or the Bahamas is in the midst of an exploratory phase of stress among the two administrations. Not only that, the query of irrespective of whether FTX is truly controlling consumer assets is nevertheless an unresolved challenge.

Returning to the most important subject, Pinder reiterated that Bahamian regulators and authorities proceed to actively investigate FTX. However, the Bahamian Attorney General did not comment on former FTX CEO Bankman-Fried, who resigned and will seem in public at the DealBook conference hosted by The New York Times on thirty/thirty.eleven come right here.

Finally, Pinder stated that the Bahamas will constantly stand by their appeal for the cryptocurrency market and the country’s rules that permit it to act immediately when FTX collapses, though defending the Bahamas as a jurisdiction for digital assets.

“I have every confidence that as this matter progresses and FTX operations are restructured or terminated, the Bahamas will emerge, even more popular than before.”

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: AttorneyBahamianCasedefendsFTXGeneralgovernmentshandlingLocal
Share76Tweet47

Related Posts

Morocco Advances Crypto Regulation Efforts with New Law

by shark
June 5, 2025
0

Badiss Mohamed Amide Bajjou, a 24-year-old, was arrested in Morocco for alleged crypto scheme orchestration. Global crypto frameworks evolve as...

Vanadi Coffee Considers €1 Billion Bitcoin Investment Plan

by shark
June 5, 2025
0

Spanish coffee chain Vanadi proposes €1 billion Bitcoin investment awaiting board approval.

Ethereum Surges Past $2.6K Amid Institutional Interest

by shark
June 5, 2025
0

Ethereum surpasses $2,600 as BlackRock invests heavily, sparking renewed institutional interest.

Solana Faces Volatility, Seeks Stability in H2 2025

by shark
June 5, 2025
0

Solana's price fluctuates amid strong network activity; $165 resistance remains a key focus.

Cryptocurrency Markets Brace for Impact Amid Trump’s Pressure on Fed for Rate Cuts

by shark
June 5, 2025
0

Donald Trump criticizes Jerome Powell for not cutting interest rates after weak job data, emphasizing the need for competitive economic...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Morocco Advances Crypto Regulation Efforts with New Law
  • Vanadi Coffee Considers €1 Billion Bitcoin Investment Plan
  • Breaking: Qubetics, BNB, and Crypto Giants Surge with Fresh Developments and 4,350% Potential ROI
  • Ethereum Surges Past $2.6K Amid Institutional Interest
  • Solana Faces Volatility, Seeks Stability in H2 2025
  • Cryptocurrency Markets Brace for Impact Amid Trump’s Pressure on Fed for Rate Cuts
  • Shiba Inu and Coinbase Users Warned of Phishing Scam
  • Czech PM Faces Crisis Over €40M Bitcoin Donation
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7