Filing: FTX's estate has now marshalled ~$7B in assets, including $1.5B in cash, $1.16B in solana, $560M in bitcoin, and $200M in properties in the Bahamas
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year. — Register Now
An excerpt from the book Number Go Up details an April 2022 FTX conference in the Bahamas, where writer Michael Lewis lavished Sam Bankman-Fried with praise
Three years ago, nobody knew who you were. And now you're sitting on the cover of magazines. And you're a gazillionaire.
Two years after the Bahamas launched the world's first CBDC, the Sand Dollar's adoption has been sluggish, as FTX's demise only fuels digital fiat skepticism
Two years after the Bahamas launched the world's first CBDC, the Sand Dollar's adoption has been sluggish as FTX's demise only fuels digital fiat skepticism
Before FTX Co-Founder Sam Bankman-Fried made the Bahamas synonymous with the crypto crash, the country was known as a pioneer of digital fiat.
Bankruptcy hearing: FTX has recovered $5B+ so far, excluding $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX's Alameda credit line was $65B
The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.
The Bahamas' Securities Commission says it is holding FTX assets worth $3.5B temporarily and plans to deliver them to customers and creditors who own them
The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing …
Bahamas' Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver them to customers and creditors who own them
The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing …
A look at Modulo Capital, a mysterious multi-strategy hedge fund founded in 2022 and based in Albany in The Bahamas, which received $400M from Alameda Research
Tracy Wang / CoinDesk : Tweets: @smtuffy , @hsakatrades , @founderannie , @fxmacro , @mattwalshinbos , @0x_tracy , @jcoviedo6 , @hsakatrades , and @smtuffy Tweets: Sean Tuffy / @smtuffy : SBF launder...
Sources detail Alameda's early years, starting in fall 2017, as SBF shrugged off concerns about risky investments, leading several employees to quit in 2018
‘We ended up not really knowing how much money we even had,’ one former employee says — Why FTX Picked the Bahamas, and What Happens Now to the Crypto Hub
Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon deliveries
When crypto exchange FTX moved its headquarters to the Bahamas from Hong Kong last year, employees discovered that Amazon did not deliver to the island.