FTX bankruptcy lawyers say they 'do not trust' Bahamas government

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Lawyers for the bankrupt crypto exchange FTX on Wednesday opposed a demand for internal records from an insolvent affiliate based in the Bahamas, saying they 'do not trust' the Bahamian government with data that could be used to siphon off assets from the bankrupt company.

Representations of cryptocurrencies are seen in front of displayed FTX logo and decreasing stock graph in this illustration taken November 10, 2022.

FTX attorney James Bromley told Dorsey that the Bahamian government has previously obtained information from FTX Digital Market's liquidators and used it to siphon digital assets away from FTX.The Securities Commission of the Bahamas has previously disputed FTX's "misstatements" about the Bahamian government's response to FTX's collapse.

Dorsey began the hearing by asking whether FTX and the Bahamas liquidators could reach a compromise on data sharing before Bromley shot that suggestion down.

 

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He does not look surprised about being arrested? And he has on a jacket? Hmmmm

Commits suicide three gunshot wounds to back of head.

He's gonna end up hanging in a cell. Then they are gonna say he hung yourself just like Epstein did. The government doesn't want this man to go on trial. Too many dark horses..

Well, I'm sure he's very remorseful, probably depressed, and has access to various cords and ropes. Accidents happen, ask Epstein.

But they trust their client to pay them ?

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