Court-appointed liquidators overseeing collapsed crypto exchange FTX's assets in the Bahamas have agreed to transfer a related case they'd filed in New York to Delaware, where the company had already filed for bankruptcy protection.

Bankrupt crypto exchange FTX, alongside senior executives at the firm and parents of Sam Bankman-Fried, bought at least 19 properties worth $121 million in the Bahamas within the last two years, Reuters <a href="https://www.reuters.com/technology/exclusive-bankman-frieds-ftx-parents-bought-bahamas-property-worth-121-mln-2022-11-22/">reported</a> Nov. 22.

The International Monetary Fund (IMF) recently highlighted the growing demand for better cryptocurrency regulatory efforts in Africa as the continent witnessed a massive surge in adoption amongst retail and institutional investors.

Mr. Sun is responsible for the creation of the cryptocurrency network <a href="https://coingape.com/tag/tron/">Tron</a> and currently consults for the Huobi Global digital asset exchange. Mr. Sun stated that “right now our team is in the Bahamas” in order to hold discussions with FTX. Later, he clarified that this statement referred to representatives of both Tron and Huobi, as well as the Bahamas.

While speaking at a conference in Coventry, Sir Jon Cunliffe, the Deputy Governor of the Bank of England, weighed in on regulations for cryptocurrency. The official initially intended to speak about stablecoins and Central Bank Digital Currency (CBDC). Instead, he shared his thoughts on the broader crypto industry after recent events.

Regulators from the Lone Star State, commonly known as Texas, are investigating potential securities-law violations tied to the promotion and endorsement of FTX.US by famous athletes and celebrities.

FTX, the now-bankrupt crypto exchange operator, its founder Sam Bankman-Fried's parents and the firm's senior executives bought at least 19 properties worth about $121 million in the Bahamas over the past two years, Reuters reported Tuesday, citing official property records.

Binance hasn't responded yet on this matter but the recent tweet from Oxscope do raise some serious question.

A modified video of Sam Bankman-Fried, founder and former CEO of collapsed crypto exchange FTX, is trying to trick users into a fake crypto giveaway and potentially steal their funds.

FTX Group, which filed for Chapter 11 bankruptcy protection on Nov. 11, has a combined cash balance of $1.24 billion, according to a new court filing.