D'Bahamas nennt dem FTX CEO seng Handlungen als bedauerlech

FTX’s newly appointed CEO John J. Ray III, responsible for restricting the company has come under the fire of the Bahamian government. There’s been a new tussle and escalating fight over what needs to be done with the remains of FTX’s crippled empire.

On Sunday, November 27, Bahamas Attorney General Ryan Pinder said that the recent statements made by FTX CEO John Ray at the U.S. Bankruptcy proceedings were misrepresented actions and “Regrettable”. In a video address on Sunday, Pinder said:

"Et ass méiglech datt d'Perspektiv vu Multimillion Dollar juristesch a Beroderkäschte souwuel hir legal Strategie wéi och déi onbestänneg Aussoen dréit. Op alle Fall fuerdere mir virsiichteg a Genauegkeet an all zukünfteg Areeche ".

Since the filing of FTX’s bankruptcy on November 11, a major conflict is born with the Bahams regulator’s move for seizing the crypto assets of the local FTX unit. The lawyers representing crypto exchange FTX have raised the doubts that after the bankru[ptcy filing, some assets were ordered to be transferred to the Bahamian government.

The lawyers have also accused De Sam Bankman-Fried for undermining the company’sreorganization efforts “incessant and disruptive tweeting.”

After FTX Episode, All Eyes on the Bahamian Government

Since the dramatic collapse of the crypto exchange FTX, regulators across the globe have swung into action. The FTX contagion has impacted the broader crypto market. Several popular crypto lenders like BlockFi and Genesis are facing massive liquidations. As a result, it has become difficult for them to handle liquidity.

Also, the downfall of FTX has cast a spotlight on the Bahamas and its burgeoning crypto industry. However, the island nation continues to defend its efforts of attracting crypto firms. The Bahamian government also added that they won’t stop doing it. Pinder gesot:

“We do not apologize for our ambition for Bahamians to be at the forefront of this exciting innovative sector. The Bahamas stands behind its decision to regulate digital assets and related businesses. We stand behind the quality of the regulations that exist.

De Bhushan ass e FinTech Enthusiast an hält e gudde Flair am Sënn vun de Finanzmäert ze verstoen. Säin Interessi fir Wirtschaft a Finanzen zéien seng Opmierksamkeet op déi nei entstanen Blockchain Technologie an Cryptocurrency Mäert. Hien ass kontinuéierlech an engem Léierprozess an hält sech motivéiert andeems hien säi gewinnt Wëssen deelt. A senger Fräizäit liest hien Thriller Fiction Romaner an entdeckt heiansdo seng kulinaresch Fäegkeeten.

Dee presentéierten Inhalt kann d'perséinlech Meenung vum Autor enthalen an ass ënner Zoustand vum Maart. Maacht Är Maartfuerschung ier Dir a Kryptowärungen investéiert. Den Autor oder d'Publikatioun huet keng Verantwortung fir Äre perséinleche finanzielle Verloscht.