Bahamas seized FTX Digital Markets' assets on Nov. 12, regulator now says

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Bahamas seized FTX Digital Markets' assets on Nov. 12, regulator now says
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he Bahamian regulator said it 'took the action of directing the transfer of all digital assets of FTX Digital Markets to a digital wallet controlled by the Commission' on Nov. 12.

available to companies that operate mainly outside the U.S. — on Nov. 15 in the U.S. Bankruptcy Court for the Southern District of New York. FTX, Alameda, and more than 100 related entities sought Chapter 11 bankruptcy protection on Nov. 11 in federal bankruptcy court in Delaware.

According to bankruptcy attorneys hired by the embattled company last week, Bankman-Fried is attempting to hamstring the U.S. Chapter 11 case by tying assets up in the Bahamas."Mr. Bankman-Fried, the co-founder, and controlling owner of all of the Debtors and of FTX DM, appears to be supporting efforts ...

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