FTX informs the court that it has proof that Sam Bankman-Fried transferred assets to the Bahamas government after filing for bankruptcy

After filing for bankruptcy, FTX says it has proof that Sam Bankman-Fried gave the Bahamas government some of his assets.

In a shocking emergency court filing on Thursday, FTX said it has evidence that Bahamian regulators told former CEO Sam Bankman-Fried to get “unauthorised access” to FTX systems to get digital assets belonging to the company after the company had filed for Chapter 11 bankruptcy protection.

In the filing, it said that Bankman Fried gave these assets to the government of the Bahamas. It talks about an interview that Bankman-Fried gave to Vox on Wednesday. In that interview, Bankman-Fried talks about how much he hates regulators.

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In the motion, which was filed in the U.S. Bankruptcy Court in Delaware, FTX said that the alleged behaviour “seriously questions” a request by Bahamian regulators to be recognised as liquidators in the bankruptcy.

“In connection with investigating a hack on Sunday, November 13, Mr. Bankman-Fried and [FTX co-founder Gary] Wang stated in recorded and verified texts that “Bahamas regulators” told them to make certain post-petition transfers of Debtor assets by Mr. Wang and Mr. Bankman-Fried (who the Debtors believe were both in the custody of Bahamas authorities) and that those assets were “custodied on FireBlocks under control of Bahamian authorities.”

“Therefore, the Debtors have strong evidence that the Bahamian government ordered unauthorised access to the Debtors’ systems in order to steal their digital assets. This happened after these cases began. So, the Chapter 15 Case and the appointment of the JPLs are in serious doubt,” the motion said.


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