Celebs and sports stars in spotlight for promoting alleged unregistered securities; Bahamian unit of failed exchange seeks Chapter 15 bankruptcy protection in separate case.
in a class action against Voyager, another crypto exchange that has fallen into bankruptcy.
The action claims Florida was a proper venue because many FTX investors live there and the FTX “worldwide headquarters” is in Miami, but the company’s corporate base is in therelated companies filed for bankruptcy in Delaware on November 10, Bahamas-based FTX Digital Markets was not part of that action.
After revelations of the main company’s collapse, the Bahamas Securities Commission filed a petition with the country’s Supreme Court on November 11 to shut down FTX Digital. Its petition in New York seeks permission to search for FTX Digital assets in the U.S. and also seems to imply that the permission of the unit, now under government control, was required to allow the Delaware filing.
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