The Nightmare Continues For Sam Bankman Fried And FTX – Decoding The Law, Nov. 14-21 By Cointelegraph

The Nightmare Continues for Sam Bankman Fried and FTX – Decoding the Law, November 14-21

As much as we all wished last week it was about something else, it was still about FTX. The Bahamas Supreme Court has He agreed to two interim liquidators From PricewaterhouseCoopers to oversee the assets of the cryptocurrency exchange headquartered in the country. Several days later, the Bahamas Securities Commission I ordered a transfer From FTX Digital Markets digital assets to a digital wallet owned by the Commission to protect “the interests of clients and creditors.”

Turkish Financial Crimes Investigation Agency Become the latest authority To join the investigation into the collapse of FTX. The regulator also indicated that it was monitoring FTX’s activities in compliance with the country’s Anti-Money Laundering (AML) laws. Meanwhile, the US and Bahamas authorities are discussing the matter Possibility of delivery of Sam Bankman Friedthe former CEO of the company, returned to the United States for questioning.

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