FTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: Filing

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FTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: Filing
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FTX lawyers said Bahamian regulators directed Sam Bankman-Fried to transfer digital assets to the custody of the Bahamian government.

FTX in a bombshell emergency court filing Thursday said evidence suggests Bahamian regulators directed former CEO Sam Bankman-Fried to gain "unauthorized access" to FTX systems to obtain digital assets belonging to the company after it had filed for bankruptcy protection.

The filing said that Bankman-Fried transferred those assets to the custody of the Bahamian government. The accusations were made by FTX in a motion in the United States Bankruptcy Court in Delaware. In that motion, FTX said the alleged conduct puts "In serious question" a request by Bahamian regulators for recognition as liquidators in the bankruptcy.Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022.

The filing said that Bankman-Fried transferred those assets to the custody of the Bahamian government. It cites an

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