In a new press release, the Securities Commission of The Bahamas explained that only placing FTX Digital Markets into liquidation was not sufficient, citing the risks associated with hacking and breach.
SCB Executive Director also lashed out at new FTX CEO John Jay Ray III for “misrepresenting” the agency’s action through the “intemperate” and “inaccurate” allegations.
Bahamas Regulator’s Statement
Its Executive Director, Christina Rolle, revealed that the Commission sought an additional order from the Bahamian supreme court for authority under the “Digital Assets and Registered Exchanges Act” to transfer all digital assets of the exchange into digital wallets under its exclusive control. This move was meant to “benefit the clients and creditors of FDM (FTX Digital Markets Ltd).”
Rolle stated,
“It is unfortunate that in Chapter 11 filings, the new CEO of FTX Trading Ltd. misrepresented this timely action through the intemperate and inaccurate allegations lodge
We współpracy z: https://cryptopotato.com/bahamas-regulator-explains-why-it-made-the-right-call-to-seize-ftx-assets/
