Bahamas Denies What New FTX CEO Says!

Bahamian Securities Commission (SCB) cryptocurrency exchange denied the statements of John Ray, the new boss of FTX, which was reflected in the press.

John Ray said in a statement that the Bahamian authorities FTX He claimed that he had collaborated with former CEO and founder Sam Bankman-Fried to save his stock market from the prescriptive bankruptcy process in the USA.

Bahamian authorities have responded harshly to the new boss’s allegations. SCB said in a statement. “John Ray is worried about staying in the headlines instead of doing his part in the bankruptcy process” told:

“FTX’s new boss is making false statements. Instead of dealing with facts, Ray focuses on conspiracy theories.”

What Do Ray’s Claims Contain?

The new manager of the bankrupt crypto exchange testified in the bankruptcy case in the USA. The prosecution filed conversations with the Bahama SCB and the country’s attorney general, Ryan Pinder, during the week of bankruptcy by SBF and co-founder Gary Wang.

Ryan Pinder allegedly wanted to help Sam Bankman-Fried to withdraw FTX’s holdings in the Bahamas.

Bankman-Fried Arrested This Morning!

Sam Bankman-Fried, founder of the FTX exchange, was arrested this morning in the Bahamas. SBF is accused of securities fraud and money laundering.

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