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Bankrupt crypto exchange FTX is accusing the government of the Bahamas of directing unauthorized access to FTX's systems in order to withdraw assets after the company filed for Chapter 11 bankruptcy in the U.S., court filings from Thursday show.The document, filed in the U.S. Bankruptcy Court for the District of Delaware, didn't specify which transactions were unauthorized or how they occured.<br />The accusation was included in a document challenging a complaint filed in a New York court by the Bahamian liquidators tasked with overseeing FTX's assets. The liquidators, in their chapter 15 filing, which apply to bankruptcy cases that require cooperation between U.S. and foreign courts, had asked the U.S. court to turn over control of the proceedings to the Bahamas, where the crypto enterprise had its headquarters.

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【Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says】Bankrupt crypto exchange FTX is accusing the government of the Bahamas of directing unauthorized access to FTX's systems in order to withdraw assets after the company filed for Chapter 11 bankruptcy in the U.S., court filings from Thursday show.The document, filed in the U.S. Bankruptcy Court for the District of Delaware, didn't specify which transactions were unauthorized or how they occured.
The accusation was included in a document challenging a complaint filed in a New York court by the Bahamian liquidators tasked with overseeing FTX's assets. The liquidators, in their chapter 15 filing, which apply to bankruptcy cases that require cooperation between U.S. and foreign courts, had asked the U.S. court to turn over control of the proceedings to the Bahamas, where the crypto enterprise had its headquarters.

Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says

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