Bahamas Securities Commission denies secret agreement with FTX
US liquidator claims millions of dollars were withdrawn with authorities’ agreement
The US lawyer liquidating scandal-hit FTX has accused the Bahamian authorities of making a secret deal with the company’s founder Sam Bankman-Fried.
John Ray said the Securities Commission of the Bahamas had allowed Bankman-Fried to transfer crypto assets to the country’s authorities after transactions were suspended elsewhere. The Securities Commission responded with a denial, in turn accusing Ray of mis-stating facts in order to advance an agenda.
Ray said FTX transferred funds to some
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