Im assuning FTX was incorporated. If they werent...OMG how did the SC register them.
But if they were, who were the directors that **never** met? Those directors could be sued. I want to say "should" be sued. This is another thing Bahamians need to be educated about. For years people accepted directorships for clout and name recognition and as a means of easy extra income. Being a director and your responsibility to shareholders' money is a serious responsibility, fail to exercise your obligation to protect shareholder interest and shareholders can come after you personally
Lol, remember Fred Mitchell went to the state department to complain about the NIA spying on the Bahamas? The last we heard about that was the boarding time for flight out.
Im beginning to wonder about our lawyers, the Bahamar case looks like its about to reveal some real doozies about political interference with lawyers mix right up in it and now this. Then there's the police who made a show of "saying" they opened an investigation but een do nothing... well Im sure they did "something" but een question nobody?. Then Brave Davis saying ~*well, we looked at it and nothing looks amiss lets move forward*. It all "looks" like orchestration
Id love to be in the room with the intelligence agents from the US Embassy. the ones who wear the rumple up floral shirts... or maybe too much netflix
I hear a number of persons talking about Bahamians they know who invested in FTX. The SC failed them, there should have been very very strong signalling about who this type of investment was suited for and it's not for someone gambling the retirement money.. and if they had an exchange license why didnt the SC pick up that Bahamians were trading? They opened "Bahamian" bank accounts for the purpose so there's an identifiable trail from Bahamian bank accounts to an FTX bank account. This is not a time to be separated but if Brave Davis doesnt announce restructuring this is going to be bad. Move them to Finance, they need people.
Elizabeth Warren on the case. Everything coming to light. Should have come clean from last week. This gonna be a mess highlighting our banana manipulating republic
Could he have been promised "safety" if he restored select customers.? of course they have to power to promise him that. I expect to see Sam working for the FBI soon
ThisIsOurs says...
Also why did the SC say earlier this week they **hadn't** given any instructions? Something is way off with the information
On BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
Posted 18 November 2022, 7:53 p.m. Suggest removal
ThisIsOurs says...
Im assuning FTX was incorporated. If they werent...OMG how did the SC register them.
But if they were, who were the directors that **never** met? Those directors could be sued. I want to say "should" be sued. This is another thing Bahamians need to be educated about. For years people accepted directorships for clout and name recognition and as a means of easy extra income. Being a director and your responsibility to shareholders' money is a serious responsibility, fail to exercise your obligation to protect shareholder interest and shareholders can come after you personally
On FTX’s Bahamas creditors unlikely to see full recovery
Posted 18 November 2022, 5:31 p.m. Suggest removal
ThisIsOurs says...
Lol, remember Fred Mitchell went to the state department to complain about the NIA spying on the Bahamas? The last we heard about that was the boarding time for flight out.
"*from sea to shining sea*
On BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
Posted 18 November 2022, 8:19 a.m. Suggest removal
ThisIsOurs says...
Yup
On BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
Posted 18 November 2022, 8:18 a.m. Suggest removal
ThisIsOurs says...
Im beginning to wonder about our lawyers, the Bahamar case looks like its about to reveal some real doozies about political interference with lawyers mix right up in it and now this. Then there's the police who made a show of "saying" they opened an investigation but een do nothing... well Im sure they did "something" but een question nobody?. Then Brave Davis saying ~*well, we looked at it and nothing looks amiss lets move forward*. It all "looks" like orchestration
Id love to be in the room with the intelligence agents from the US Embassy. the ones who wear the rumple up floral shirts... or maybe too much netflix
On Bahamas liquidators detect ‘serious fraud’ signs at FTX
Posted 18 November 2022, 1 a.m. Suggest removal
ThisIsOurs says...
I hear a number of persons talking about Bahamians they know who invested in FTX. The SC failed them, there should have been very very strong signalling about who this type of investment was suited for and it's not for someone gambling the retirement money.. and if they had an exchange license why didnt the SC pick up that Bahamians were trading? They opened "Bahamian" bank accounts for the purpose so there's an identifiable trail from Bahamian bank accounts to an FTX bank account. This is not a time to be separated but if Brave Davis doesnt announce restructuring this is going to be bad. Move them to Finance, they need people.
On FTX INVESTIGATION ‘OF HIGHEST ORDER’: PM says effort will be coordinated with authorities in other jurisdictions
Posted 18 November 2022, 12:29 a.m. Suggest removal
ThisIsOurs says...
What a waste
On Police can’t confirm if McFarland recently visited
Posted 17 November 2022, 6:20 p.m. Suggest removal
ThisIsOurs says...
Elizabeth Warren on the case. Everything coming to light. Should have come clean from last week. This gonna be a mess highlighting our banana manipulating republic
On FTX INVESTIGATION ‘OF HIGHEST ORDER’: PM says effort will be coordinated with authorities in other jurisdictions
Posted 17 November 2022, 6:05 p.m. Suggest removal
ThisIsOurs says...
Could he have been promised "safety" if he restored select customers.? of course they have to power to promise him that. I expect to see Sam working for the FBI soon
On Bahamas liquidators detect ‘serious fraud’ signs at FTX
Posted 17 November 2022, 4:05 p.m. Suggest removal
ThisIsOurs says...
Ray not "Wang"
On Bahamas liquidators detect ‘serious fraud’ signs at FTX
Posted 17 November 2022, 4 p.m. Suggest removal