Bahamas seized FTX Digital Markets' assets on Nov. 12, regulator now says

Quick Take

  • The Securities Commission of the Bahamas said it transferred all of FTX Digital Markets’ assets to a digital wallet it controls on Nov. 12.
  • A fight over which jurisdiction should handle the case is intensifying. 

The Securities Commission of the Bahamas on Nov. 12 transferred FTX Digital Markets' assets to a digital wallet it controls, the regulator said on Twitter Nov. 17, further complicating a legal struggle between the company and disgraced former CEO Sam Bankman-Fried.  

The Bahamian regulator, in a 7 p.m. press release, said it, "took the action of directing the transfer of all digital assets of FTX Digital Markets to a digital wallet controlled by the Commission," on Nov. 12. Assets began mysteriously moving out of FTX a