​​Bahamian regulator froze assets of FTX The Bahamas Securiti | Crypto Sale

​​Bahamian regulator froze assets of FTX

The Bahamas Securities Commission (BSC) has frozen the assets of FTX Digital Markets Ltd and related parties.

The commission added that it was aware of public rumors and suspicions about the crypto-exchange's illegal activities. This includes the use of customer deposits to help Alameda Research.

Just a couple of hours before this news, Sam Benkman-Fried wrote that FTX's Bahamian headquarters had stepped up withdrawals. They wanted to reroute payment routes to process more transactions and start paying out customer deposits.