FNM may want to know whatever they think BUT in this country the Leader of His Majesty'a Official Opposition has NO POWER under the Constitution (aka New Slave Agreement) to know anything. Nothing!!!

He ought to know his job is to keep his mouth shut for 5 years. Well, he can TALK but that's all he can do.

Finances are kept secret !!!

When his Party was in power, they did not make the law fair in that regard, so now he can suck teeth.

They'll always complain how everything isn't fair and how this other party is corrupt. Yet they wouldn't dare to care to change the law to make it more fair, democratic, and decrease the centralization of power.

Exactly!!! Tighten regulations so that no party can be corrupt. Start with severe penalties for MP's not making their annual declarations on time. Mandatory penalties so that no minister can grant an extension to their cronies.

"Expulsis piratis restituta commercia" (Pirates expelled, commerce restored) this declaration may have never happened, they are Pirates after all.

I think the motto is restituta piratis expulsis commercia... this the Bahamas

Fake investment scheme explodes in the Bahamas and takes down millions of worldwide investors!?

Stop the presses!

Regardless of your political leaning, in this case, Pintard is right. What are the implications that will affect the average Bahamian?

This whole thing is just digital Pet Rocks. Remember when people were selling river stones in a box for like $10 a piece? Kids would take their 'pet' to school and sell it for like $15.

That's was a time I was not here for but the 70s must have been wild ;)

For people to think that was somehow a smart purchase.

You are completely wrong and ignorant.

It is nothing like Pet Rocks.

It is more like a Beanie Baby.

Lol. But you're wrong. Beanie Baby's still have some value - pet rocks, like FTT, don't.

Government (FNM & PLP) do not understand the crypto world and only saw a way to make a quick dollar by allowing these kind of companies to set up shop here. Now, because of government's stupidity, our country again looks bad in the international press for hosting fraud.

😆🤢😢😂

Imagine the **photoshop cropping** by politicians on both sides the House and Upper Red Chamber isles to crop themselves and their family members, officials, the political appointed and incentivized -- posing in photos whilst knowing how deep were they up to their knickers, as benefactors to one of the 1960s, original Hippies, Comrade "Then Unknown Fake Crypto" Billionaire Sam bankman-fried fortune.

**No living human alive today* -- possessed the creative genetics and life experiences a single lifetime to make up such stuffs.

**And, it all was launched** from the "Headquarters'" situated on the capital rock of our colony of 1200 islands, inlets, cays and rocks — Yes?

Question - have the 10 FTX penthouse kids received Bahamian citizenship? Just an easy question for PM. YES/NO?

Everything we've done for the past 50 years set us up for this. Just last week I was asking where's the data that supports our *the end of the world is near* response to tropical storm, hurricane for 30secs, Nicole? And all you got in response was, *you from Nassau you dont understand*. Even today the stories continue featuring a 10x10 clapboard tin roof business building that was "*completely destroyed*". A month ago I said two things the central banks blockade of payment providers was anti innovative and the cashless craze was wrong way thinking. The data was all there. Then we had international food fest. "*who could have known?*" And that's our issue, especially with this govt that is super focused on creating good PR stories. Everybody ignores the data... reality is whatever we speak into being... and this is what you get.

**I dont buy that our regulator has clean hands. There are errors of commission and errors of ommission. How in the dickens did was this company allowed to operate as a financial institution and offer services to the public without a CFO and a Risk Manager? That's "data".**

And we been here before. Remember the NGO that probably has an operating budget under 1million but didnt notice 2 million on its accounts for months because of an accounting error? Seriously? And you had Bahamians defending them.

Brave Davis needs to stop flying around to environmental conferences giving puff speeches. This country needs someone to take it by the hands and shake out all the corruption cronyism and incompetence from our senior ranks. It's a start. Do it everywhere especially the police force and political parties. We cannot support empty suits and people incapable of doing their job. Or Sam will be the least of our worries

The point you are missing is a cashless society is about control and more control. Regardless of how far you may and may not think the end of the world is. It may be the end of the financial world for some. And when things like FTX happens it sends the message loud and clear: Despite all the controls in place we don’t have the financial markets and activities under control. And whilst the newscasts here may have focused on 10x10 clapboard shacks, the major damage was done some distance away. To million dollar homes, condo complexes and multi-storey hotels. So this begs the question: when is enough controls enough? When do you look at that 10x 10 clapboard shack and say’you know what? I will battern tge windows and nail up the door. But after that I’m done trying to save this shack. Let nature and the elements take their toll. Because now it’s cheaper to take my losses and decide if to rebuild after that and where. Right now it’s about preservation of life and limb’

I didnt miss the control aspect. Ive said jokingly multiple tines, well at least hinted at it, that sand dollar and crypto will be perfect for the antichrist.

Where were these million dollar homes that got all this damage? 2ft from the shoreline in "*Hurricane Alley*", elevated 1ft off the sand? **Again**, "*who could have known? who could have possibly forseen that?*"

Did anyone look on the financial radar and say look here, wait a minute: This FTX thing is moving too fast and growing too fast. And it’s even out-of-season. Like Nicole, it sneaked in barely noticeable then developed into a tropical disturbance, then a sub-tropical disturbance, then a tropical storm and then a hurricane. And when you saw it on the radar it was still an abnormally oddball. The storm remained in its Northwest quadrant and mostly out to sea, whilst it was in and over The Bahamas. But look at the damage it did once it hit the US. Death and damage all the way up the Florida Eastern coast and as far north as Maine , then even Canada. Maybe they was too busy blacklisting The Bahamas to pay attention to what was happening with this unusual baby.

It didnt sneak in anywhere. On this platform Ive made multiple analogies between crypto and the 2008 global financial crisis.. waaaaay before FTX even got here. The oodles and oodles of money that people made playing this brand new sexy security called a "derivative", then poof, as they say, the tide went out and everybody was naked, Obama was bailing out the 5 big banks and massive massive layoffs **globally*. And I wasnt the only one saying it. Nobody missed this. Say you didnt listen

Like Nicole it was **all** predictable. Like the 2nd coming you dont know the day and time you just know it coming.