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Govt increases social assistance - The Nassau Guardian

The government has made overall increases of social assistance benefits in the upcoming fiscal year from $222 million to $236 million, but certain benefits that fall under the Department of Social Services have been decreased. The allocation for social assistance benefits in cash (food coupons) increased from $55 million to $60 million. Benefits in kind (other kinds ....

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FTX debtors want donations returned - The Nassau Guardian

The US arm of cryptocurrency exchange FTX, which is currently in Chapter 11 bankruptcy, wants everyone who received contributions from FTX to either voluntarily return the money or face legal action. “To the extent such payments are not returned voluntarily, the FTX debtors intend to commence actions before the bankruptcy court to require the return ....

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'Singing Bishop' says his church spent FTX donation within a month

Amid concerns that charities may be asked to return donations received by FTX, Bishop Lawrence Rolle of International Deliverance Praying Ministry said yesterday that his church used the $50,000 donation it received from FTX Digital Markets within a month. “The feeding ministry is $10,000 a week,” said Rolle. “The record and everything is there. We ....

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FTX tentacles stretched far across Bahamas - The Nassau Guardian

On October 31, FTX Digital Markets Director of Corporate Social Responsibility Zoe Gibson-Bowleg paid a courtesy call on Commissioner of Police Clayton Fernander, donating tablets to the police force on the company’s behalf as FTX continued its charitable efforts across Bahamian communities – the most expansive program of giving we have ever witnessed in such ....

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