Bahamas securities regulators freeze assets of FTX’s unit

The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a subsidiary of the cryptocurrency exchange.

The regulator said it had also suspended the registration and applied to the Supreme Court of The Bahamas for the appointment of a provisional liquidator of FTX Digital Markets Ltd. (Reporting by Aishwarya Nair in Bengaluru; Editing by Anil D’Silva)

Source: National Post