FTX Lawyers Blast Bahamas, Say They ‘Do Not Trust’ Govt

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FTX Lawyers Blast Bahamas, Say They 'Do Not Trust' Govt
iHodl.com

FTX’s bankruptcy lawyers asked US Bankruptcy Judge, John Dorsey, to deny a request from liquidators to get data to FTX’s Slack, Google and Amazon Web Services data, saying that Bahamian regulators attempted to undermine the US bankruptcy case, Reuters has learned.

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Lawyers for FTX said they “do not trust” the Bahamian government, which used information from FTX’s liquidators to withdraw crypto away from the exchange.

“This is dangerous information. We do not trust the Bahamian government,” said FTX attorney, James Bromley.

However, representatives for the Bahamas-based liquidators say that the liquidators didn’t work at the direction of the Bahamian government. Chris Shore, an attorney for the liquidators, said that they need some access to data to protect creditors.

The move comes shortly after the Securities Commission of the Bahamas criticized FTX’s new boss, John J. Ray III, over “misstatements,” which were intended only to make “headlines and advance questionable agendas.”

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The financial regulator said in a press release that Ray continues referring to redacted email correspondence between FTX’s former head, Sam Bankman-Fried, and the Commission, which were designed to “create a false impression.”

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Источник: ru.ihodl.com

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