Bahamas authorities investigate crypto exchange FTX for criminal misconduct

The Royal Bahamas Police announced on Sunday that the crypto exchange FTX is now the subject of scrutiny from government investigators. Authorities are trying to determine whether any criminal misconduct occurred that led to the exchanges collapse. One of the most high-profile cryptocurrency meltdowns, FTX filed for bankruptcy on Friday after traders rushed to withdraw $6 billion from the platform in just 72 hours, according to Reuters. Prior to its collapse, rival crypto exchange Binance backed out of its previous plans to acquire FTX. In light of the collapse of FTX globally and the...

source: https://tokenpost.com/Bahamas-authorities-investigate-crypto-exchange-FTX-for-criminal-misconduct-9816

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