Welcome to the world of facts and news: FTX says Bahamas regulators hold $296 million, not $3.5 billion of company's assets

FTX says Bahamas regulators hold $296 million, not $3.5 billion of company's assets

FTX has been at odds with Bahamian officials ever since filing for bankruptcy protection on Nov. 11. The Bahamian officials have asked for access to FTX's records to assist with the liquidation of FTX DM, but FTX's U.S. bankruptcy team said they do not trust Bahamian officials with that information.

from Tech-Economic Times https://ift.tt/re5jsCP

No comments:

Post a Comment

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...