Sam Bankman-Fried arrested in the Bahamas, expected to be extradited to U.S.
Sam Bankman Fried, founder and former CEO of FTX exchange, was arrested and taken into custody by the Royal Bahamas Police on Monday.
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SBF’s parents, FTX executives bought Bahamas property worth US$121 million: Reuters
The parents of Sam Bankman-Fried, along with senior executives of the now-bankrupt FTX, bought at least 19 properties worth nearly US$121 million in the Bahamas over the past two years.
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Bahamas regulator orders transfer of all FTX digital assets to government wallet
The Securities Commission of The Bahamas (Commission) on Nov. 12 ordered the transfer of all digital assets of FTX Digital Markets to a digital wallet controlled by the Commission, for “safekeeping,” in an announcement on Nov. 17.
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Singapore’s Temasek writes off US$275 mln in FTX
Temasek says its belief in Sam Bankman-Fried may have been ‘misplaced.’
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FTX assets frozen by Bahamas securities regulator
The Securities Commission of the Bahamas has frozen assets of FTX and related parties, and has suspended its registration.
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Singapore’s Temasek holds stake in FTX, a target of Binance takeover
Singapore’s state-owned investment firm Temasek is a shareholder in embattled cryptocurrency exchange FTX, which faces a possible takeover by bigger rival Binance
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DeFi still has a long way to go before mass adoption
Decentralized finance will stay niche unless the sector overcomes its myriad problems, including a lack of a credit system and regulations that inspire greater trust, writes Brian Pasfield.