{"id":14484,"date":"2022-11-14T15:17:20","date_gmt":"2022-11-14T15:17:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ftx-under-investigation-for-criminal-activity-in-the-bahamas\/"},"modified":"2022-11-14T15:17:20","modified_gmt":"2022-11-14T15:17:20","slug":"ftx-under-investigation-for-criminal-activity-in-the-bahamas","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ftx-under-investigation-for-criminal-activity-in-the-bahamas\/","title":{"rendered":"FTX Under Investigation for Criminal Activity in the Bahamas"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Financial task forces in the Bahamas, where Sam Bankman-FTX Fried\u2019s is based, are collaborating with the local securities authority to determine whether any criminal activity happened.<\/p>\n<p>Following the platform\u2019s abrupt collapse and bankruptcy filing last week, law enforcement in the Bahamas is investigating Sam Bankman-crypto Fried\u2019s exchange FTX.<\/p>\n<p>According to an official notification issued on Sunday, a team from the jurisdiction\u2019s Financial Crimes Investigation Branch is \u201cworking closely\u201d with the Bahamas Securities Commission to examine whether any criminal activity occurred.<\/p>\n<p>On Thursday, the Bahamas Securities Commission suspended FTX\u2019s registration and ordered all assets associated with the exchange to be frozen.<\/p>\n<p><a href=\"https:\/\/igaming.org\/cryptocurrencies\/closed-down-bitcoin-exchanges\/\">Closed down crypto Exchange<\/a> FTX is also being investigated by the US Securities and Exchange Commission and the Justice Department, and has filed for bankruptcy in the United States.<\/p>\n<p>Crypto markets are displaying a loss on Monday morning at the start of Asian trading hours. As analysts warn that <a href=\"https:\/\/igaming.org\/crypto\/bitcoin-vulnerable-after-ftx-crisis-could-drop-to-10k-bloomberg-analyst-warns\/\">Bitcoin could drop to $10,000<\/a>, the flagship cryptocurrency is currently trading at $16,090 according to <a href=\"https:\/\/igaming.org\/cryptocurrencies\/coinmarketcap\/\">CoinMarketCap<\/a> data.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/ftx-under-investigation-for-criminal-activity-in-the-bahamas\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Financial task forces in the Bahamas, where Sam Bankman-FTX Fried\u2019s is based, are collaborating with the local securities authority to determine whether any criminal activity happened. Following the platform\u2019s abrupt collapse and bankruptcy filing last week, law enforcement in the Bahamas is investigating Sam Bankman-crypto Fried\u2019s [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14484"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=14484"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14485"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=14484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=14484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=14484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}