That's just not the way it works under international law when it comes to tracing and recovering stolen funds. securities, and other property/assets. Just ask the Russian oligarchs who had their yachts confiscated, bank/brokergae accounts frozen, homes around the world seized, and so on.
The Securities Commission was becoming increasingly alarmed at Mr Bankman-Fried’s failure to respond to its questions over FTX’s liquidity crunch, which had already forced the crypto exchange to suspend client withdrawals following a $6bn run, and its failed potential acquisition by rival Binance. Mr Salame’s disclosures, though, merely unnerved the Bahamian digital assets regulator even more.
In other words, all of the red flags of a massive ongoing embezzlement scheme were ignored until one of the perpetrators confessed to the existence of the fraudulent scheme. Not sure why Christina Rolle and the Bahamas Securities Commission feel they deserve want a pat on the back for having ignored for so long all of the many red flags that existed in the relatively small Bahamian community before Ryan Salame decided to spill the beans.
ExposedU2C says...
Don't forget me!
On ‘FTX BAHAMAS CHIEF CONFESSED TO FRAUD’: Securities Commission director says admission led to liquidation move
Posted 15 December 2022, 1:41 p.m. Suggest removal
ExposedU2C says...
He certainly does a lot of pontificating.
On Shoppers warned: Don’t go broke for Christmas
Posted 15 December 2022, 1:40 p.m. Suggest removal
ExposedU2C says...
That's just not the way it works under international law when it comes to tracing and recovering stolen funds. securities, and other property/assets. Just ask the Russian oligarchs who had their yachts confiscated, bank/brokergae accounts frozen, homes around the world seized, and so on.
On Commission ‘cannot condone’ FTXs $100m Bahamas payout
Posted 15 December 2022, 1:35 p.m. Suggest removal
ExposedU2C says...
LOL. There are 3 of us my friend...all good buddies.
On ‘FTX BAHAMAS CHIEF CONFESSED TO FRAUD’: Securities Commission director says admission led to liquidation move
Posted 15 December 2022, 1:16 p.m. Suggest removal
ExposedU2C says...
The Securities Commission was becoming increasingly alarmed at Mr Bankman-Fried’s failure to respond to its questions over FTX’s liquidity crunch, which had already forced the crypto exchange to suspend client withdrawals following a $6bn run, and its failed potential acquisition by rival Binance. Mr Salame’s disclosures, though, merely unnerved the Bahamian digital assets regulator even more.
In other words, all of the red flags of a massive ongoing embezzlement scheme were ignored until one of the perpetrators confessed to the existence of the fraudulent scheme. Not sure why Christina Rolle and the Bahamas Securities Commission feel they deserve want a pat on the back for having ignored for so long all of the many red flags that existed in the relatively small Bahamian community before Ryan Salame decided to spill the beans.
On ‘FTX BAHAMAS CHIEF CONFESSED TO FRAUD’: Securities Commission director says admission led to liquidation move
Posted 15 December 2022, 9:47 a.m. Suggest removal
ExposedU2C says...
hahahahahaha
On SBF deal with Deltec chief’s US bank ‘highly irregular’
Posted 14 December 2022, 5:16 p.m. Suggest removal
ExposedU2C says...
Talk about stating the obvious.
On New FTX CEO: Bahamas is not transparent
Posted 14 December 2022, 5:07 p.m. Suggest removal