Bahamas Prime Minister Phillip Davis says the previous chief government officer of the collapsed Bahamas-headquartered FTX, Sam Bankman-Fried has been interviewed by native authorities as investigations proceed into the demise of the crypto large.
Prime Minister Davis informed reporters “I heard that he was,” including that he was not involved that FTX’s collapse would negatively impression the nation’s actual property market.
Throughout an interview on Wednesday on the DealBook Summit in New York Metropolis, Bankman-Fried, who spoke by way of video name from The Bahamas, spoke in regards to the collapse of FTX, which is registered in The Bahamas as FTX Digital Markets Ltd.
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The corporate moved its headquarters from Hong Kong to The Bahamas final yr and the police in Nassau have already introduced an investigation into FTX that had been backed by elite traders like BlackRock and Sequoia Capital, quickly changing into one of many greatest crypto exchanges on this planet.
Along with the SCB probe, the US Justice Division can be investigating FTX.
Appearing Commissioner of Police Leamond Deleveaux informed The Nassau Guardian newspaper that police had not interviewed Bankman-Fried, who was nonetheless in The Bahamas as of Thursday.
Final week, the federal government dismissed as “inaccurate allegations” worldwide criticism of the nation’s digital asset laws following the collapse of FTX.
Lawyer Common Ryan Pinder warned that “ill-informed hypothesis” is not going to be useful to anybody concerned, important additionally of these individuals who’ve been criticizing the federal government for being “silent” on issues relating to FTX’s implosion.
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