SOURCE: The Bahamas seizes digital assets from bankrupt FTX unit for ‘safekeeping’ | CNN Business
- All digital assets of FTX Digital Markets were seized by the Securities Commission of The Bahamas after the company declared bankruptcy.
- The assets are being transferred to a digital wallet controlled by the Bahamas regulator for safekeeping.
- The Securities Commission of the Bahamas said it will consult with other regulators and authorities around the world to get the “best possible outcome” for the creditors, clients and stakeholders of FTX.