The Securities Commission of the Bahamas (SCB) rejected allegations made by FTX’s new CEO John J. Ray III over the digital assets held by the regulator. SCB claims the debtors of the insolvent crypto exchange firm had incomplete information.
The regulator maintains its assessment of FTX assets
The SCB објавен минатиот месец that it had seized more than $3.5 billion in cryptocurrencies from FTX Digital Markets, which it was keeping for future payments to consumers and other creditors.
Meanwhile, SCB’s estimations were disputed by FTX’s new CEO John J. Ray III. He claimed that the value of the digital assets confiscated in November was just $296 million in FTT tokens, not $3.5 billion. As of Dec. 20, the value of the stolen FTT tokens would have plunged to $167 million.
Според печатот published by SCB on Jan. 2, the new CEO was spreading false information and defaming the Bahamas regulator. He also allegedly refused to contact them to ask how the FTX funds were stolen and confiscated.
Source: https://crypto.news/bahamas-regulator-disputes-ftxs-assertions-on-the-value-of-seized-assets/