Trouble in paradise: Bahamas fears FTX crash could hurt its rep
Politicians in the Bahamas are concerned that the collapse of FTX could damage the country’s reputation as a finance and crypto hub.
Politicians in the Bahamas are concerned that the collapse of FTX could damage the country’s reputation as a finance and crypto hub.
It’s been reported that insurance policies provided by Relm for FTX and Alameda-related companies total in excess of $15 million.
How decentralized are DeFi protocols with a small group of leaders with admin keys, multi-sig wallets, and wealth-based voting policies?
According to the Washington State Department of Financial Institutions (DFI), current laws are robust enough to stop crypto crime.
Alongside the $275 million from FTX, BlockFi is also owed $54 million from bitcoin miner Core Scientific — but it hasn’t called in that debt.