Bahamas regulators confirm they're holding some of FTX's assets

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Bahamas regulators confirm they're holding some of FTX's assets - CNBC

Quick Summary:

FTX regulators in the Bahamas conceded they had seized FTX digital assets after being accused of doing so by FTX's U.S.attorneys in an emergency filing.

Chapter 11 bankruptcy processes applied to them.

FTX filed for bankruptcy in the U.S.on Nov.11, 2022, seeking court protection as it looks for a way to return money to users.