6 days ago · FTX’s Bahamian liquidators are “shooting for” February 18 as the date to start payouts to small creditors and victims owed less than $50,000 as a result of the crypto exchange’s...

On 10 November 2022 the Securities Commission of the Bahamas (https://www.scb.gov.bs/) presented a winding up petition against FTX Digital and suspended its licence to operate as a digital asset business. FTX Digital is a subsidiary of FTX Trading Ltd, a company incorporated in Antigua and Barbuda.

Feb 4, 2025 · FTX creditor Sunil Kavuri posted a distribution notice from the exchange’s Bahamian arm, showing that repayments for claims under $50,000 would begin in two weeks. FTX’s Bahamas arm to repay ...

Feb 4, 2025 · FTX creditors will begin receiving payments on February 18, starting with claims under $50,000 processed through BitGo. Only creditors in the Bahamas process will receive early payouts, while others must wait until March 4 for reimbursement.

Feb 5, 2025 · FTX Digital Markets, the Bahamian arm of the collapsed crypto exchange, is set to begin repaying creditors. FTX creditor and activist Sunil Kavuri posted on X that the first round of...

Mar 30, 2023 · In April 2022, FTX hosted the Crypto Bahamas conference. It featured high-profile speakers like the former U.S. president Bill Clinton and a slew of celebrities including Katy Perry and...

Jan 7, 2025 · This page will share live updates on the progress of the FTX Digital liquidation for FTX International customers who have elected to participate in the Bahamas Process. You can view the current focus of the Joint Official Liquidators (“JOLs”) and the expected date that each stage in the FTX Digital Claim Portal will be opened.

Jan 8, 2023 · Little remains on a lot in Nassau, Bahamas, shown on Wednesday, Dec. 7, 2022, where cryptocurrency exchange FTX broke ground on its headquarters in April. The country’s prime minister, Philip Davis, participated in the groundbreaking ceremony, along with Sam Bankman-Fried, the head of FTX.

Oct 30, 2023 · In early 2022, it received the largest single donation in its history: $50,000, given by cryptocurrency exchange FTX, which had set up in the Bahamas a few months earlier.

Nov 25, 2022 · Sam Bankman-Fried chose a slice of prime Bahamas real estate to build the new headquarters of his fast-growing cryptocurrency exchange FTX, posing with a shovel alongside the Caribbean...