In keeping with Bahamian court docket information filed on Dec. 14, Ryan Salame, the previous co-CEO of FTX Digital Markets instructed the Securities Fee of the Bahamas (SCB) on Nov. 9 that FTX was sending buyer funds to its sister buying and selling agency Alameda Analysis.
He additionally instructed the SCB solely three folks had the entry required to switch consumer belongings to Alameda: Former FTX CEO Sam Bankman-Fried, FTX co-founder Zixiao “Gary” Wang and FTX engineer Nishad Singh.
The allegation spurred SCB government director Christina Rolle to contact the commissioner of the Royal Bahamas Police Power to request an investigation.
Associated: Realized losses from FTX collapse peaked at $9B, far beneath earlier crises
The information reveal the primary recognized occasion of an government from FTX or Alameda aiding authorities.
Hypothesis abounded on Dec. 4 as photos purported to point out Alameda CEO Caroline Ellison in a New York espresso store a brief stroll away from the U.S. Lawyer’s Workplace, main some to imagine she might have been slicing a take care of authorities within the wake of the FTX collapse.
A high-ranking government at FTX’s Bahamian entity tipped off native regulators of potential fraud perpetrated on the cryptocurrency trade simply two days earlier than the trade was compelled to shut.
This story is growing and extra info shall be added because it turns into out there.
