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Bahamian Regulators Seized $3.5 Billion of FTX Assets

By
Aidan Ryan
· · Source: The Information

The Securities Commission of the Bahamas announced late Thursday that it seized $3.5 billion worth of digital assets from FTX Digital Markets, the Bahamas-based entity of crypto exchange FTX, for “safekeeping.” The tokens are valued at the time of the transfer. The action in November followed the commission’s suspension of FTX Digital Markets in the Bahamas and the appointment of a...

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