FTX implosion could affect 'more than one million' investors
has reported. The company also stated that it has been in contact with US federal prosecutors, as well as"dozens of federal state and international regulatory agencies" over the last few days.
FTX filed for bankruptcy last week following the sudden collapse of its exchange. Today, the Securities Commission of The Bahamas said it had received court approval to appoint two partners from the Bahamas and Hong Kong to oversea the unwinding of FTX Digital Markets, a key part of FTX.
In addition, the Royal Bahamas Police confirmed yesterday that they were working"to investigate if any criminal misconduct occurred," according to the. The day after the bankruptcy was filed, the company reported that millions of dollars went missing from crypto wallets following"unauthorized transactions." In addition, at least $1 billion worth of customer funds vanished from FTX prior to that.You can disable notifications at any time in your settings menu.
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