A US bankruptcy judge said yesterday that joint provisional liquidators in The Bahamas should be allowed access to FTX’s accounts and data. Judge John T. Dorsey’s comments came during a hearing in a Delaware bankruptcy court where FTX’s attorney indicated that the company “does not trust the Bahamian government”. James Bromley, who is counsel for the debtors, is against
Former FTX CEO Sam Bankman-Fried (SBF) was arrested by local authorities today, according to a statement from Attorney General Ryan Pinder. Pinder said the move came after the receipt of “formal notification from the United States that it has filed criminal charges against Bankman-Fried and is likely to request his extradition”. "As a result of
FTX Bahamas’ liquidators on Friday filed an emergency motion asking a Delaware bankruptcy judge for access to certain electronic records related to FTX Digital’s property and financial affairs. “Although FTX Digital owns its electronic records, access to this property is in the control of the US debtors, and therefore arguably protected by the automatic stay,” the liquidators noted