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Bahamas securities regulators freeze assets of FTX’s unit

(Reuters) – The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a subsidiary of the cryptocurrency exchange.

Illustration shows FTX logo and representation of cryptocurrencies

(Reuters) – The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a subsidiary of the cryptocurrency exchange.

The regulator said it had also suspended the registration and applied to the Supreme Court of The Bahamas for the appointment of a provisional liquidator of FTX Digital Markets Ltd.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Anil D’Silva)

By Reuters

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