Bahamas appoints liquidators to oversee collapsed FTX’s unit | Cryptocurrency News

Financial regulators in the Bahamas appointed liquidators to run collapsed crypto exchange FTX’s unit in the country. This move comes just days after authorities said they were looking for any “criminal misconduct” by FTX. FTX filed for bankruptcy on Friday after traders withdrew $6 billion from the platform in just 72 hours and Binance cancelled a proposed rescue deal.

short by Srishty Choudhury /
05:00 pm on 15 Nov

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