jrothca
jrothca t1_iwtdh9m wrote
Reply to comment by southern_dreams in Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says by esporx
The conman is no longer at the helm of FTX. John Ray is the new CEO and he’s saying the Bahamas cut in line and got their money first when they shouldn’t have.
jrothca t1_iwtcu5w wrote
Reply to comment by kingkeelay in Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says by esporx
Laws? There are no laws in the crypto space.
jrothca t1_iwtcfet wrote
Reply to comment by kingkeelay in Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says by esporx
Well I think we are about to find out. I’m gonna go with, when your government is a small island nation and there are much bigger players than you……you don’t get to go first.
jrothca t1_iwtaby5 wrote
Reply to comment by Padgriffin in Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says by esporx
But FTX is no longer Sam Bankman Fried. FTX is now run by a new CEO, John J. Ray, who has previously supervised financial scandals such as Enron. He’s not saying the Bahamas are responsible for hacking FTX. He’s saying the Bahamas directed FTX to pay the Bahamian government money FTX owed them after FTX declared bankruptcy. John Ray wants the Bahamian government to give that money back to FTX and get in line with the rest of the people FTX owes money to. Basically he’s accusing the Bahamian government of cutting in line and getting their money first.
jrothca t1_iwtkv3c wrote
Reply to comment by southern_dreams in Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says by esporx
The more I read the more it seems like it’s the Bahamian government trying to take control of the bankruptcy process and be the entity that decides who gets whatever is left of FTX’s assets.