FTX. In a statement released on Thursday, the watchdog confirmed that it had seized the cryptocurrency from FTX’s Bahamian subsidiary, FTX Digital Markets.
The seized funds were transferred into the Securities Commission of the Bahamas’ own digital wallets “for safekeeping.” The regulatory body previously announced that it has seized an undisclosed amount of digital assets belonging to FTX.
Meaning... investors will never get their money back.
Seizing something that never existed
I hear Ukraine will help you with the dafe keeping of the Billion!😂
They dont even hide it anymore.
Bahama steals or does the crypto exist?
Sound Familiar? A fraudulent and unsustainable investment that relies on promising unrealistic returns from imaginary investments. The early investors actually get paid, which leads them to recommend the scheme to others. Investors' returns are paid out of the part 1/2
Will all the politicians who received money from this be required to give it back?
Buy crypto, it's safe from the govt, lol.
I'da looked out for it.
Into their own digital wallet for safe keeping LOLOLOL!!!
So will these have to be reported with individual names in compliance with IRS rules? You know, so it doesn’t get lost.