![Crypto Twitter influencers “independently” investigating FTX in Bahamas](https://crypto.news/app/uploads/2022/11/FTX_generic_6-880x525.jpg)
Bahamas News
Latest Bahamas News
![Bahamas regulator to require local banks to provide access to CBDC](https://crypto.news/app/uploads/2024/05/crypto-news-Are-CBDCs-the-ultimate-weapon-against-money-laundering-option02-880x525.webp)
News
The Bahamas’ central bank has indicated its intention to force all local banks to accept the country’s digital currency as its popularity slides. The Central Bank of The Bahamas plans to mandate all local banks to adopt the country’s central…
![Tether’s funds worth over $1b reportedly appear at the heart of legal battle](https://crypto.news/app/uploads/2023/07/Tether-Launches-USDt-On-Kava01-880x525.png)
News
The largest stablecoin issuer Tether deposited more than $1 billion with a firm currently at the center of a legal battle in London’s High Court. Tether‘s deposit worth more than $1 billion, which was made with a subsidiary of Britannia…
![Tether](https://coin-images.coingecko.com/coins/images/325/large/Tether.png?1696501661)
![Tether partners with Bahamas-based Britannia Bank](https://crypto.news/app/uploads/2023/07/Tether-Launches-USDt-On-Kava03-880x525.png)
News
Tether is including the Bahamas-based bank as a dollar transfer processor on its platform. The partnership between both entities will allow Tether to expand its regional presence.
![Exploring the early CBDC adoption results beyond the hype](https://crypto.news/app/uploads/2023/07/crypto-news-Central-Bank-Digital-Currency-blurry-background-neon-colors-cyberpunk-style-v5.2-880x525.jpg)
Feature
Preliminary outcomes from countries where central bank digital currencies (CBDCs) have been introduced show mixed results. Despite widespread exploration and a handful of launched projects, CBDCs are yet to achieve global adoption. According to an Atlantic Council report, 130 countries…
![SBF will not face illegal campaign financing charges](https://crypto.news/app/uploads/2023/07/crypto-news-Sam-Bankman-low-poly-style-v5.2-880x525.jpg)
News
Former FTX boss Sam Bankman-Fried will not be facing a charge of illegal campaign financing due to an extradition treaty between the US and the Bahamas. A court filing was published on July 26 by US Attorney for the Southern…
![FTX sues its Bahamian liquidators for taking control of ‘millions of dollars’](https://crypto.news/app/uploads/2023/02/cryptonews-court-session-blurry-figures-judge-dark-tones-sixties-retro-futuristic-1-880x525.jpg)
News
Crypto exchange FTX has filed a lawsuit against the liquidators of its Bahamian affiliate, FTX Bahamas Ltd, claiming that they have wrongfully taken control of millions of dollars worth of digital assets, including bitcoin (BTC) and ethereum (ETH). According to…
![Bahamas controls FTX customer assets worth $3.5bn](https://crypto.news/app/uploads/2022/11/FTX_generic_3-880x525.jpg)
News
Late Thursday, Dec.29, 2022, the Securities Commission of the Bahamas stated that it was holding more than $3.5 billion in FTX client assets since Nov.12.Â
![Ex-FTX CEO set for extradition to the US](https://crypto.news/app/uploads/2022/11/FTX_generic_4-1-880x525.jpg)
News
FTX founder Sam Bankman-Fried has signed extradition documents after earlier hesitation following his court appearance in the Bahamas.
![Ex-FTX boss wants to reverse his extradition decision to the US](https://crypto.news/app/uploads/2022/11/FTX_generic_2-880x525.jpg)
News
Former FTX CEO Sam Bankman-Fried might soon change his decision on fighting extradition to the U.S.
![Sam Bankman-Fried is down to $100,000 post-FTX](https://crypto.news/app/uploads/2022/11/FTX_generic_4-1-880x525.jpg)
News
Sam Bankman-Fried said he "had no notion" how his money fared following the crash.
![FTX reassures staff and contractors, resumes ordinary payments](https://crypto.news/app/uploads/2022/11/FTX_generic_3-1-880x525.jpg)
News
John Ray III, the new FTX CEO, is looking to assist FTX and its approximately 101 affiliated companies (FTX Debtors) work their way through the bankruptcy court.
![Crypto Twitter influencers “independently” investigating FTX in Bahamas](https://crypto.news/app/uploads/2022/11/FTX_generic_6-880x525.jpg)
News
The collapse of the Bahamas-based crypto company has attracted a lot of crypto Twitter investigative journalists to the country to try and unwrap the debacle.
![FTX boss transferred exchange assets to Bahamas authorities](https://crypto.news/app/uploads/2022/03/FTX_Continues_Global_Expansion_with_the_Establishment_of_FTX_Europe-880x525.jpg)
News
In a shocking emergency court filing on Thursday, FTX stated that there is evidence suggesting that Bahamian regulators gave former CEO Sam Bankman-Fried instructions to access FTX systems.
![FTX executives bought luxury houses using user funds](https://crypto.news/app/uploads/2022/11/FTX_generic_2-880x525.jpg)
News
New chief executive at FTX lashes out at former boss, says he used FTX corporate funds to buy homes in the Bahamas.
![New FTX CEO criticizes the integrity of the exchange](https://crypto.news/app/uploads/2022/11/FTX_generic_3-880x525.jpg)
News
In an itching legal brief on Thursday, John Ray III, who oversaw bankruptcy cases such as Enron, the new CEO of the insolvent cryptocurrency exchange FTX identified that the company had experienced a massive disaster of corporate control. This is…
![Bahamas prime minister says they could not have prevented FTX collapse](https://crypto.news/app/uploads/2022/09/A_scammer_has_been_impersonating_FTX_in_the_UK_by_phone-880x525.jpg)
News
The Bahamas’ prime minister told parliament on Wednesday that the government could not have avoided the collapse of the digital asset exchange FTX and that it had not discovered any “deficiencies” in its crypto legislation. Philip Davis: country’s regulatory framework…