FTX in a bombshell emergency court filing Thursday said evidence shows that the company's former CEO was ordered to gain unauthorized access to the company's systems after it filed for Chapter 11.
The assets were handed over to the government of the Bahamas. Bankman-Fried expressed disdain for regulators in an interview.
He said that in the interview. Everything is made worse by them. Customers aren't protected at all.
He asked, "What was my biggest single?" There is a chapter 11.
FTX made accusations in a motion in the United States bankruptcy court. FTX said in the motion that the alleged conduct puts in serious question a request by the regulators for recognition as liquidators in the bankruptcies.
According to recorded and verified texts, Mr. Bankman-Fried and Gary Wang said that certain post-petition transfers of debtor assets were ordered by the regulators of the island nation.
There is credible evidence that the Bahamian government is responsible for unauthorized access to the Debtors systems that took place after these cases were commenced. The appointment of the JPLs and recognition of the Chapter 15 case are in question.
Sam Bankman- Fried was not available to speak. The law firms representing FTX did not reply to the request. CNBC did not get a response to an email.
All Rights Reserved © 2024
