FTX Debtors Now Fighting To Get Their Forfeited Money Back From The Bahamas Government
FTX Trading and its affiliated debtors announced on Friday that they would seek the restoration of cryptocurrency held by the Bahamas Securities Commission to their chapter 11 estates. FTX customer assets worth more than $3.5 billion since Nov. 12.
The FTX debtors have informed the Bahamas Commission that they do not believe Bankman-Fried, Wang, or the Bahamas Commission have the authority to take any of their cryptocurrency. The agency is urged by the FTX debtors to clarify any misunderstandings that their recent comments have caused and to give the public, correct information about the cryptocurrency.
Source
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