Bahamian securities regulator ordered the transfer of FTX’s digital assets By Cointelegraph

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Bahamian securities regulator ordered the transfer of FTX’s digital assets

The Securities Commission of The Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission on Nov. 12.

In a Nov. 17 statement, the SCB said it exercised its power as a regulator acting under the authority of a Supreme Court order — moving the assets to a “digital wallet controlled by the Commission, for safekeeping.”