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Regulators in Bahamas Stand Firm on $3.5 Billion Seized FTX Crypto Assets
source link: https://nextbigwhat.com/regulators-in-bahamas-stand-firm-on-3-5-billion-seized-ftx-crypto-assets/
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Regulators in Bahamas Stand Firm on $3.5 Billion Seized FTX Crypto Assets
• Regulators in the Bahamas reject FTX’s claim that the seized crypto was worth only $296 million.
• Regulators maintain that the crypto assets are worth $3.5 billion.
• Regulators cite “incomplete information” as the reason for FTX’s lower estimate.
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