Bahamas watchdog says it seized $3.5 billion from FTX
Published on: Friday 30 December 2022
The Securities Commission of the Bahamas said it has taken possession of $3.5 billion worth of cryptocurrency from the collapsed exchange FTX for "safekeeping" until it receives guidance from its courts.
News source: https://www.msn.com/en-us/news/crime/bahamas-watchdog-says-it-seized-35-billion-from-ftx/ar-AA15OEfC