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I would agree if the Bahamas government didn't first deny that they ordered SBF to surrender those assets and then only after they were caught by us in the comm

I would agree if the Bahamas government didn't first deny that they ordered SBF to surrender those assets and then only after they were caught by us in the community through tracking the transactions did they formally announce the seizure. Do you not find that a bit coincidental? Why the conversion to ETH? Who authorised it? There was and is no judiciary evidence supporting the Bahamas government's position and the Delaware court has uncovered clear suspicious activity. Why did they lie and then change their story? We must wait to see what come out but a shady blacklisted country managing my money is not acceptable to most of us.

hef19898 4y ago
The Bahamas are a sovereign jurisdiction, not a US state. So if they decide to have jurisdiction over people and legal entities residing and registered in the Bahamas, no additional court decision is needed.
- citizen4earth 4y ago
  No one is challenging that Bahamas is a country. The only holdings in the country was a shell holding nearly nothing of value. Antigua and Barbuda and Delaware were principle locations of the holdings. FTX Digital Markets was a shell for SBF to buy his way into the country - everyone knows that already. Do you not see a conflict of interest for a state regulator to be photographed with SBF at a ground breaking ceremony and then lie about ordering seizure and then only after being caught red handed back tracking and saying they ordered it? Shady business. Even within the FT article it is clear: https://www.ft.com/content/ecc6f488-f17d-4e0d-ab38-984d3e3ef5d5 https://www.ft.com/content/ecc6f488-f17d-4e0d-ab38-984d3e3ef... "FTX wrote in a court filing earlier this week that there was “credible evidence that the Bahamian government is responsible for directing unauthorised access to the debtors’ systems for the purpose of obtaining digital assets of the debtors — that took place after the commencement of these [bankruptcy] cases”."

hef19898 4y ago

The Bahamas are a sovereign jurisdiction, not a US state. So if they decide to have jurisdiction over people and legal entities residing and registered in the Bahamas, no additional court decision is needed.

citizen4earth 4y ago
No one is challenging that Bahamas is a country. The only holdings in the country was a shell holding nearly nothing of value. Antigua and Barbuda and Delaware were principle locations of the holdings. FTX Digital Markets was a shell for SBF to buy his way into the country - everyone knows that already. Do you not see a conflict of interest for a state regulator to be photographed with SBF at a ground breaking ceremony and then lie about ordering seizure and then only after being caught red handed back tracking and saying they ordered it? Shady business. Even within the FT article it is clear: https://www.ft.com/content/ecc6f488-f17d-4e0d-ab38-984d3e3ef5d5 https://www.ft.com/content/ecc6f488-f17d-4e0d-ab38-984d3e3ef... "FTX wrote in a court filing earlier this week that there was “credible evidence that the Bahamian government is responsible for directing unauthorised access to the debtors’ systems for the purpose of obtaining digital assets of the debtors — that took place after the commencement of these [bankruptcy] cases”."