U.S. and Bahamian parties in FTX cases have finally started to cooperate.
Jan. 6 that they have reached a cooperation agreement regarding the FTX Debtors’ Chapter 11 bankruptcy case in Delaware and the provisional liquidation of FTX DM in the Bahamas.
In addition, the parties agreed the joint provisional liquidators will take the lead in the disposition of real estate in the Bahamas and confirm digital assets “under the control of the Securities Commission of the Bahamas in the Fireblocks account previously disclosed by the FTX Debtors.” As of the agreement:
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