Hot topic in the new year 2023 surrounded by FTX’s new leadership vs. Bahamian regulators. The Securities Commission of the Bahamas (SCB) published a statement which sought to correct “Material Misstatements” made by Chapter 11 debtors, as per media release on January 2, 2023.
New disputes from FTX new Management
After Sam Bankman-Fried led គ្រីប exchange FTX was fried up due to liquidity crunch, forced them to seek its way out from insolvency via filing bankruptcy on November 11, 2022. John Ray III is now appointed as a new CEO of the drained company.
Source: https://www.thecoinrepublic.com/2023/01/03/ftx-new-management-argues-with-bahamian-regulators-heres-what-happened/