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HomeMarketBahamas securities regulators freeze assets of FTX's unit By Reuters

Bahamas securities regulators freeze assets of FTX’s unit By Reuters

© Reuters. Representations of cryptocurrencies are seen in front of displayed FTX logo in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration
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(Reuters) – The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a subsidiary of the cryptocurrency exchange.

The regulator said it had also suspended the registration and applied to the Supreme Court of The Bahamas for the appointment of a provisional liquidator of FTX Digital Markets Ltd.

Story Credit: investing.com

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