FTX claims Bahamas regulators seized $296 million worth of assets, not $3.5 billion

  • FTX denied assertions made by the Securities Commission of the Bahamas that it was in possession of $3.5 billion worth of assets belonging to the bankrupt cryptocurrency exchange.
  • The digital assets of FTX were only worth $296 million when the Commission confiscated them in November, the company claimed in a statement.


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