More than a year before its collapse, FTX moved its headquarters to the Bahamas—a country that worked to lure crypto companies to its shores. So what makes the nation attractive to crypto?

Ray also indicates that there is no record of these transactions. "In the Bahamas, I understand that corporate funds of the FTX group were used to purchase homes and other personal items for ...

FTX Digital Markets, the Bahamian arm of FTX, will begin repaying creditors who lost access to their funds when the cryptocurrency exchange collapsed in November 2022. According to a Feb. 4 X post ...

Sam Bankman-Fried, the founder and former CEO of Bitcoin and cryptocurrency exchange FTX, has been arrested in the Bahamas by local authorities. The arrest followed receipt of formal notification from ...

Bankman-Fried’s company, FTX, had its headquarters in the Bahamas, and was the most consequential player in country’s crypto ecosystem. But Davis’ message was simple: forget about FTX.“ ...

While Bankman-Fried's future is now sealed by a jury of his peers, what comes next for FTX remains uncertain. The same goes for the Bahamas, which banked on the crypto industry—with FTX and its ...

The Supreme Court of The Bahamas today approved an agreement for the Joint Official Liquidators (JOLs) of FTX Digital Markets Ltd. (FTX DM) to subordinate the Securities Commission of The Bahamas ...

As a result, FTX and Alameda filed for bankruptcy, and SBF resigned as CEO while claiming he was unaware of mishandling funds. By the end of the year, he was arrested in the Bahamas and extradited ...