FTX: Bahamian Regulators Take Custody Of Over $3B Users’ Deposits

In the latest update to the FTX fiasco, Bahamian Securities Commission [BSC] took control of more than $3.5 billion of customer’s assets. The regulator through a recent press release warned of “significant risk of imminent dissipation as to the digital assets under the custody or control of [FTX] to the prejudice of its customers and […]

FTX: Bahamian Regulators Take Custody Of Over $3B Users’ Deposits
FTX: Bahamian Regulators Take Custody Of Over $3B Users' DepositsIn the latest update to the FTX fiasco, Bahamian Securities Commission [BSC] took control of more than $3.5 billion of customer’s assets. The regulator through a recent press release warned of “significant risk of imminent dissipation as to the digital assets under the custody or control of [FTX] to the prejudice of its customers and […]