Jan 2 (Reuters) – The Securities Fee of the Bahamas (SCB) rebuffed on Monday FTX’s claims in regards to the digital property of its Bahamas unit held by the regulator, saying the debtors of the bankrupt cryptocurrency change had “incomplete data”.
Final month, the SCB stated it had seized greater than $3.5 billion in cryptocurrency from the unit, FTX Digital Markets, which it was holding for future reimbursement to prospects and different collectors.
FTX disputed SCB’s calculations, saying its digital property seized in November had been price simply $296 million and never $3.5 billion.
“Such public assertions by the Chapter 11 debtors had been
based mostly on incomplete data,” the regulator stated in an announcement on Monday.
There was no quick response from FTX, which has been at odds with Bahamian officers since submitting for chapter safety on Nov. 11.
Bahamas officers have sought entry to FTX’s information to assist liquidate FTX Digital Markets, however the firm’s U.S. chapter crew stated it didn’t belief them with the knowledge.
FTX’s founder and former chief government, Sam Bankman-Fried, was arrested on fraud fees and is predicted to be arraigned on Tuesday earlier than U.S. District Decide Lewis Kaplan in Manhattan federal courtroom.
The agency’s new chief government, John Ray, has stated the change misplaced $8 billion of buyer cash.
Reporting by Kanjyik Ghosh in Bengaluru; Modifying by Clarence Fernandez
: .