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Bahamas Regulator Takes Measure to Seize FTX’s Bitcoincurrencies to ‘Protect’ Creditors and Clients

 

The Securities Commission of the Bahamas ordered crypto exchange FTX that its cryptocurrencies be transferred to a wallet managed by the regulator. According to the regulator, the “Urgent interim regulatory actions were necessary to protect the interest” of FTX’s creditors and clients. Bahamas Regulator Takes Measure to Seize FTX’s Bitcoincurrencies for ‘Safekeeping.’ The Securities Commission of

 

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