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Bahamian Lawyers File CoinEdition Application

©Reuters. FTX Files Financial Details: Bahamian Attorneys’ Application

  • Bahamas attorneys filed an urgent filing with a bankruptcy judge in Delaware.
  • The motion asked the judge to compel FTX to release the company’s financial details.
  • The details are being requested to assist the ongoing investigation into SBF’s role in the FTX crash.

The Bahamas Security Commission filed an urgent motion on Friday, ordering a Delaware bankruptcy judge to order officials at the fallen cryptocurrency exchange FTX to grant access to the company’s financial data to assist in the further proceedings of the ongoing investigation.

After FTX filed for bankruptcy, the company’s former CEO was accused of transferring huge funds from the company’s holding company to Alameda Research. Since then, investigators have been studying the details of the financial scams committed by SBF to find answers…

The post FTX to Submit Financial Details: Bahamian Attorneys File Motion appeared first on Coin Edition.

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