Ryan Salame, the co-chief executive of FTX’s Bahamas entity, called FTX Digital Markets, told the Bahamas Securities Commission on Nov. 9 that “clients’ assets which may have been held with FTX Digital were transferred to Alameda Research,” according to a letter to the Bahamas Police Commissioner disclosed this week. This would constitute “misappropriation, theft, fraud or some other crime,” Christina Rolle, Executive Director at Securities Commission of The Bahamas wrote to the Commissioner.
Related posts
-
Digital Asset Funds Recorded Net Inflows for First Time in 4 Weeks: CoinShares
Please note that our privacy policy, terms of use, cookies, and do not sell my personal... -
Top cryptocurrencies to watch this week: BTC, LTC, TRX
The first week of July introduced bearish pressure, leading to massive losses in the crypto market.... -
UBS Executive Highlights AI’s Impact on Banking
UBS is witnessing a transformative shift in client interactions...