The Bahamas froze the assets of the operator of the crypto exchange FTX
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The assets of FTX Digital Markets (the operator of the FTX cryptocurrency exchange) have been frozen by the Bahamas Securities Commission. The regulator explained this decision by the need to preserve assets and stabilize the exchange, which is facing a liquidity crisis.
“The Commission is aware of public allegations suggesting that client assets have been misused, mismanaged and/or transferred to Alameda Research. According to the commission, any such actions are… potentially illegal,” the regulator said in a press release, cited by Bloomberg.
The Bahamian authorities have also appointed an interim liquidator for the company. According to the agency, the US Securities and Exchange Commission initiated an investigation against Sam Bankman-Fried, CEO of FTX Trading (the parent company of FTX Digital Markets).
Coindesk reported last week that FTX-linked investment firm Alameda Research had too many tokens issued by the exchange on its balance sheet. Against the backdrop of news about the provision of the exchange in unreliable assets, users began to withdraw cryptocurrency from the site, which provoked bitcoin collapse.
Read more about the events around FTX – in the material “Kommersant FM” “Crypto exchanges were suspected of the “Mask maneuver””.
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