Joint Provisional Liquidators – DIGIT INFO

Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas

DIGIT — Fri, 17 Feb 2023 08:30:02 +0000

PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and it also noted that there is “little distinction between what represents potentially client monies […]

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FTX lawyers: Examiner could cost $100M and ‘provide no benefit’

DIGIT — Thu, 26 Jan 2023 05:19:47 +0000

FTX lawyers, joint provisional liquidators of FTX.US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.

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Bahamas regulator denies asking crypto exchange FTX to mint new tokens

DIGIT — Tue, 03 Jan 2023 07:04:48 +0000

Bahamas regulator fights back against being ‘publicly challenged’ by FTX against incorrect calculations of digital assets transferred under its control

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