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‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInBahamian regulator holding $3.5 billion of FTX customer assets
The Securities Commission of the Bahamas has been holding on to more than $3.5 billion worth of FTX customer assets since Nov. 12, according to a statement from the regulator released late on Thursday. The decision to take custody of the funds, specifically from the crypto exchange’s FTX Digital Markets Ltd, followed security concerns. Hours […]
Crypto Customers Sell Claims at a Loss to Avoid Bankruptcy Wait – WSJ
At least hundreds of customers burned by the collapses of FTX, Celsius Network LLC and Voyager Digital Ltd. are seeking to sell their cryptocurrency claims at deep discounts so they don’t have to wait months or even years to see what they might recover as the platforms move through chapter 11. Customers and other creditors holding […]