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Bahamas Regulator Says It Assumed Control of Digital Assets of FTX

Cointime Staff· 1 min read

The Securities Commission of The Bahamas announced on Twitter it assumes control of assets of FTX Digital Markets Ltd.

Bahamas has ordered all digital assets of FTX Digital Markets Ltd (FDM) transferred to a digital wallet controlled by the Commission for safekeeping.

"The commission has the authority to apply for a judicial order to protect the interests of clients or customers," the commission said in statement.

# Bahamas # FTX

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