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Bahamas Securities Authority Suspends’s Assets

Author: Sohrab Khawas

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    While the investigations around Sam Bankman-Fried continues, Bahamas security authorities announced to freeze’s assets. The Bahamas Securities Commission has claimed that the decision to freeze FTX assets was a cautious one.

    Furthermore, authorities have also appointed a temporary liquidator to analyze the possibilities regarding the company’s position and to find if the firm has to be liquidated. Meanwhile, Sam Bankman-Fried has cleared that he is not opting to file any bankruptcy.

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