Bahamas
- Technology
Two years after the Bahamas launched the world's first CBDC, the Sand Dollar's adoption has been sluggish as FTX's demise only fuels digital fiat skepticism (Jim Wyss/Bloomberg)
Jim Wyss / Bloomberg: Two years after the Bahamas launched the world’s first CBDC, the Sand Dollar’s adoption has been…
Read More » - Technology
A bankruptcy attorney says FTX has recovered $5B+ in cash, crypto, and securities, not including $425M held by the Bahamas or "illiquid cryptocurrency tokens" (Nikhilesh De/CoinDesk)
Nikhilesh De / CoinDesk: A bankruptcy attorney says FTX has recovered $5B+ in cash, crypto, and securities, not including $425M…
Read More » - Technology
FTX says it would seek the return of its digital assets held by the Bahamas, claiming the value was ~$296M when transferred on November 12 and is now ~$167M (Nathan Crooks/The Block)
Nathan Crooks / The Block: FTX says it would seek the return of its digital assets held by the Bahamas,…
Read More » - Business
Bahamas Securities Commission says it seized $3.5B in FTX assets ‘for safekeeping’
Brown Rudnick partner Hailey Lennon discusses the possible regulatory holes brought to light by FTX’s collapse and lawmakers’ push for…
Read More » - Technology
A Bahamas judge approves Sam Bankman-Fried's extradition to the US; SBF's case will now go to the Bahamas foreign minister for sign-off (Bloomberg)
Bloomberg: A Bahamas judge approves Sam Bankman-Fried’s extradition to the US; SBF’s case will now go to the Bahamas foreign…
Read More » - Technology
Citing Sam Bankman-Fried as a flight risk, a Bahamas magistrate judge denies him bail and says he should be remanded to Bahamian custody until February 8, 2023 (Rohan Goswami/CNBC)
Rohan Goswami / CNBC: Citing Sam Bankman-Fried as a flight risk, a Bahamas magistrate judge denies him bail and says…
Read More » - Technology
FTX lawyers says Bahamas officials worked to help SBF regain access to FTX Trading's systems, asking him to mint a coin and transfer funds to island officials (Bloomberg)
Bloomberg: FTX lawyers says Bahamas officials worked to help SBF regain access to FTX Trading’s systems, asking him to mint…
Read More » - Technology
The US SEC says it is preparing charges against SBF to be filed in court on December 13, separate from the ones leading to his recent arrest in The Bahamas (Brian Quarmby/Cointelegraph)
Brian Quarmby / Cointelegraph: The US SEC says it is preparing charges against SBF to be filed in court on…
Read More » - Technology
The Bahamas' attorney general says the Bahamas police have arrested SBF after receiving formal request from the US, which has filed criminal charges against SBF (CNBC)
CNBC: The Bahamas’ attorney general says the Bahamas police have arrested SBF after receiving formal request from the US, which…
Read More »