Lydia Beyoud / Bloomberg:
The Bahamas Securities Commission freezes the assets of FTX Digital Markets and “related parties” and appoints an attorney as a provisional liquidator — The Bahamas Securities Commission has frozen the assets of FTX Digital Markets “and related parties.”
CNBC:
Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited — – The cofounder and former CEO of bankrupt crypto trading firm FTX was arrested in the Bahamas after the U.S. attorney …
Nikhilesh De / CoinDesk:
The Securities Commission of the Bahamas says it didn’t order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX’s statement — FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators’ request. — Crypto exchange FTX was not required …
U.S. Securities and Exchange Commission:
The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX’s investors at SBF’s direction between 2019 and 2022 — The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …
Tracy Wang / CoinDesk:
Current and former FTX and Alameda staffers say the Bahamian operation SBF ran with housemates is full of conflicts of interest, nepotism, and lack of oversight — “The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on condition of anonymity.
Bradley Saacks / Semafor:
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX executives left for Hong Kong and elsewhere in recent days — Bradley is a Business & Finance reporter for Semafor, joining us from Business Insider. Sign up for Semafor Business to get his scoops and coverage of the industry.
New York Times:
Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering — A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.
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