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Public Reacts to FTX Drama

NASSAU, BAHAMAS – The bankruptcy and freezing of FTX assets still sending shockwaves through the cryptocurrency community.

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NASSAU, BAHAMAS – The bankruptcy and freezing of FTX assets still sending shockwaves through the cryptocurrency community.

The collapse of the third largest blockchain exchange has been making headlines around the world.

But here in The Bahamas, many have a closer eye on the story, fearing that even if they didn’t personally invest in the company, its ties to The Bahamas could have consequences.

Although the Securities Commission of The Bahamas announced, Thursday, assets of FTX Digital Markets Ltd. and related parties had been frozen, when it comes to local authorities, there has yet to be any official comment from Prime Minister Philip Davis or Minister of Economic Affairs Michael Halkitis.

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