to subordinate the Securities Commission of The Bahamas’ (the Commission) $221.55 million regulatory claim against FTX DM. The Court-approved “Claim Subordination Agreement” between the JOLs ...
The Supreme Court of The Bahamas today approved an agreement for the Joint Official Liquidators (JOLs) of FTX Digital Markets Ltd. (FTX DM) to subordinate the Securities Commission of The Bahamas ...
# The Supreme Court has approved a $10m payment to the Securities Commission to compensate for safeguarding assets belonging to FTX victims in the wake of the crypto exchange’s November 2022 collapse.
Editor's Information: The Securities Commission of The Bahamas is a statutory body established in 1995. It is responsible for the regulation of securities, investment funds and the capital markets ...