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Bahamian authorities have launched a criminal investigation into FTX

Photo of Flavien FlavienNovember 28, 2022
Less than a minute
Bahamian authorities have launched a criminal investigation into FTX

As the FTX story goes on, the Bahamas Attorney General (AG) and Minister of Legal Affairs announced in a live public address on Facebook that the Bahamian authorities had launched a criminal investigation into FTX. Any entity or person who is found guilty of wrongdoings will be held accountable.
The Bahamas Securities Commission had ordered the seizing of FTX Digital Market’s assets on Nov. 12 after revoking FDM’s licence to conduct business in the country.

Now we will see if Sam Bankman-Fried will end up in jail for all his wrongdoings with FTX and Alameda.

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Photo of Flavien FlavienNovember 28, 2022
Less than a minute
Photo of Flavien

Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
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