The Daily Hodl
2022-12-30 19:41:30

Over $3,500,000,000 in Crypto Transferred to the Bahamas’ Regulator Hours After FTX Declared Bankruptcy

Over $3.5 billion worth of digital assets were transferred to the Securities Commission of The Bahamas just hours after crypto exchange FTX filed for bankruptcy. According to a new press release, the Bahamian regulator forced FTX to transfer all of the crypto assets under its control to wallets owned by the government for “safekeeping” on The post Over $3,500,000,000 in Crypto Transferred to the Bahamas’ Regulator Hours After FTX Declared Bankruptcy appeared first on The Daily Hodl .

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