According to a press statement issued by the Bahamas Securities Commission late on Thursday, the BSC has acquired custody of FTX deposits worth more than $3.5 billion as of November 12. Bahamas Authorities Hold Funds in FTX User Assets An obscure character believed to be an external hacker stole tokens from the exchange valued at roughly $372 million not long after FTX declared bankruptcy. The Commission judged that there was considerable danger of immediate dissipation with regard to the digital assets under the custody or control of to the detriment of its customers and creditors in light of media The post Regulators in Bahamas Are Holding $3.5 Billion in FTX User Assets appeared first on Cryptoknowmics-Crypto News and Media Platform .
